DAILY COMMODITY MARKET STRATEGY- 21 Dec 2015
BULLION
Gold February future has gained 0.3 percent in early deals at $ 1,067.90.Silver March and Platinum January series are marginally up at $ 14.115 and $ 860.25, respectively.
The MCX Gold and Silver near month future rates are trading on a positive note this morning, following NYMEX bullion markets.Now, MCX Gold future rates are quoted at Rs 25,155 - up Rs 73, or 0.3 percent.
Silver March 2016 future prices are quoted at Rs 33,978 per kg. The commodity has touched a high at Rs 34,044 and Rs 33,974.
ENERGY
Crude Oil January expiry has declined more than half a percent at $ 35.83.Brent Oil February contract has declined 0.4 percent at $ 36.52.Natural Gas January future is trading on a gung-ho note, and is up 4.5 percent to $ 1.844.
BASE METAL
Copper March contract is quoted at $ 2.105 - down 0.2 percent.
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