DAILY COMMODITY MARKET STRATEGY-15 Apr 2015

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BULLION

Gold June and Platinum July futures are trading on a soft note at $ 1,191.40 and $ 1,151.70, respectively.Silver May future has declined 0.2 percent at $ 16.127.

ENERGY

Crude Oil May future has added 0.5 percent at $ 53.55.Brent Oil June future has advanced 0.7 percent at $ 60.17.Natural Gas May future is trading with a marginal gain of 0.2 percent at $ 2.519.

The MCX April Crude Oil futures continue to trade on a strong note for the fourth day in a row, following NYMEX Crude Oil market on Yemen and mixed industry data on US supplies.

Yesterday, Crude Oil prices tested a high at Rs 3,354, before settling with a significant gain of 2 per cent (Rs 69) at Rs 3,342.

In the past four trading sessions, the commodity has soared 5 per cent (Rs 160).

BASE METAL

Copper May future has shed 0.4 percent at $ 2.695.

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