DAILY COMMODITY MARKET STRATEGY-7 Oct 2015

BULLION

Silver December future has declined 0.5 percent in early trade at $ 15.905.Platinum January 2016 contract is quoted at $ 939.50 - up 0.3 percent.Gold December delivery is marginally up at $ 1,148.10.

ENERGY

Crude Oil November future has jumped more than a percent at $ 49.09.Brent Oil November expiry is slightly up at $ 52.23.Natural Gas November contract has shed over 0.5 percent at $ 2.457.

BASE METAL

Copper December delivery has spurted more than half a percent at $ 2.373.On Wednesday trading gains are expected to get resisted at Rs 346 and 347 per kg. Supports for Copper is at Rs 339 and Rs 337 per kg.

The high for Copper on Tuesday was at Rs 345.90 per kg, and a low of Rs 339.70 per kg was tested.

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