DAILY COMMODITY MARKET STRATEGY-16 Sep 2015

BULLION

Platinum October future has declined over 0.5 per cent at $ 957.70.Gold December delivery is marginally up at $ 1,104.20.Silver December contract is almost unchanged at $ 14.320.

MCX Gold October futures today may seek support around Rs 25,923-25,905-25,890, while face resistance around Rs 26,035-26,055-26,075.

ENERGY

Crude Oil October expiry has advanced over 0.5 percent at $ 44.86.Brent Oil November future has shed more than half a percent at $ 47.74.Natural Gas October contract is slightly down at $ 2.731.

BASE METAL

Copper December delivery is quoted at $ 2.416 - down 0.5 percent.The high for Copper on Tuesday was at Rs 361.70 per kg, and a low of Rs 355.5 per kg was tested.

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