DAILY COMMODITY MARKET STRATEGY-25 Mar 2015

BULLION

Gold and Platinum April futures are trading marginally in red at $ 1,190.80 and $ 1,137.95 respectively.Silver May future is down 0.3 per cent at $ 16.923.

ENERGY

Crude Oil May future is trading on a soft note at $ 47.51.Brent Oil May future is trading on a flat note at $ 55.19.Natural Gas May future has jumped nearly a per cent at $ 2,781.

The MCX Crude Oil April futures rebounded into the positive territory on Tuesday and rallied above the 20-DMA to touch a high at Rs 3,047 on the back of renewed buying, but however ended below the 20-DMA (Rs 3,030) - with a gain of over 2 per cent (Rs 65) at Rs 2,995.

The MCX Natural Gas March futures ended in green for the first time in past three trading sessions. On Tuesday, the energy futures jumped above the 20-DMA (Rs 173) and touched a high at Rs 175 on account of value buying, before signing off the day with a gain of more than 2 per cent at Rs. 174.

BASE METAL

Copper May future is up 0.4 per cent at $ 2.783.

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