DAILY COMMODITY MARKET STRATEGY-22 July 2015
BULLION
Gold August future has dropped almost a percent in early trade at $ 1,092.90.Silver September delivery has declined over 0.5 per cent at $ 14.692.Platinum October contract has slipped 1.4 percent at $ 965.30.
ENERGY
Crude Oil August expiry has also shed 1.5 percent to $ 50.12.Brent Oil September future is now quoted at $ 56.53 - down 0.8 percent.Natural Gas August contract has is down 0.4 percent at $ 2.881.
BASE METAL
Copper September delivery has moved down 0.5 percent at $ 2.463.
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Crudeoil trading range for the day is 3044-3220.Crude settling at their lowest in months as worries over the demand outlook and continued oversupply weighed on the market as received the record from Epic research.
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