DAILY COMMODITY MARKET STRATEGY-9 Sep 2015
Silver December future has advanced 0.5 per cent at $ 14.830.Platinum October contract has gained 0.4 percent at $ 1,008.55.Gold December delivery has added 0.2 percent at $ 1,123.50.
MCX Gold future prices are slightly below the 20-DMA (26,425). Hence, the commodity may remain negative as long as Gold prices trade below Rs 26,425-odd level.
Crude Oil and Brent Oil October series have moved up 0.3-0.5 per cent each at $ 46.09 and $ 49.73, respectively.Natural Gas October contract has declined 0.3 percent at $ 2.693.
Copper December future has jumped 1.3 percent to $ 2.463.