DAILY COMMODITY MARKET STRATEGY-9 July 2015

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BULLION

Gold August and Silver September futures have declined over 0.5 percent each at $ 1,156.70 and $ 15.060, respectively.Platinum October contract has shed almost a percent at $ 1,024.80.

Gold closed higher during the last session as prices gained support from bottom fishing. The prices ended the day at Rs 26,213 per 10 grams on 8 July 2015 against Rs 26,032 per 10 grams on 7 July 2015.

ENERGY

Crude Oil August delivery has spurted almost a percent at $ 52.13.Brent Oil August future has advanced 0.5 percent at $ 57.51.Natural Gas August expiry has added 0.3 percent at $ 2.692.The prices ended at Rs 3,276 per barrel on 8 July 2015 against Rs 3,306 per barrel on 7 July 2015.

BASE METAL

Copper September future has jumped over a percent at $ 2.519.

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