DAILY COMMODITY MARKET STRATEGY-27 Nov 2015

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BULLION

Silver December future has declined 0.4 percent at $ 14.100.Platinum January and Gold December futures are down 0.2-0.3 percent each at $ 851.30 and $ 1,067, respectively.

Gold gained in the intraday trades ending Thursday. The session saw Gold closing at Rs 25,281 per 10 grams on 26 November 2015 against Rs 25,222 on 25 November 2015.Gold price tested a high of Rs 25,337 per 10 grams on 26 November 2015 and a low of Rs 25,250 per 10 grams.

ENERGY

Crude Oil January future slipped 1.4 percent to $ 42.46.Brent Oil January future shed 0.5 percent at $ 45.38.Natural Gas January future has dropped around a percent at $ 2.239.

Prices of Crude Oil were sideways session ending Thursday. On MCX far month contract ended at Rs 2,851 per barrel on 26 November 2015 against Rs 2,860 per barrel on 25 November 2015.

BASE METAL

Copper March future is marginally up at $ 2.092.The high for Copper was at Rs 311.05 per kg, and a low of Rs 300.45 per kg was tested.

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Commodity Tips Expert: - commodity tips , mcx trading tips , bullion commodity tips

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