DAILY COMMODITY MARKET STRATEGY-23 Jun 2015

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BULLION

Gold August future has added 0.2 percent in early trade at $ 1,186.Silver July future has declined 0.4 percent at $ 16.082.Platinum July future has advanced over 0.5 percent at $ 1,068.65.

ENERGY

Crude Oil August future has shed over 0.5 percent at $ 60.01.Brent Oil and Natural Gas August futures have also moved down 0.3 percent each at $ 63.11 and $ 2.754, respectively.

BASE METAL

Copper July future has jumped 1.4 percent to $ 2.609MCX Copper June expiry contract was mostly static in the trades ending Monday. Prices are already below Rs 365 per kg that is below the formidable supports in last one week.

Copper ended the day at Rs 360.3 on 22 June 2015 against 360.40 on 19 June 2015. On Tuesday trading gains are expected to get resisted at Rs 363 and 365 per kg.

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2 comments:

  1. At the MCX, Gold futures for August 2015 contract closed at Rs 26,533 per 10 gram, down by 0.24 per cent after opening at Rs 26,619 against the previous closing price of Rs 26,597, Stock tips.

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