DAILY COMMODITY MARKET STRATEGY- 14 Dec 2015

BULLION

Gold February and Silver March 2016 futures have shed 0.2-0.4 percent at $ 1,071.90 and $ 14.165, respectively.Platinum January future has dropped 0.7 percent at $ 859.95.

ENERGY

Crude Oil January future has declined 0.3 percent at $ 37.04.Brent Oil January future is trading flat at $ 40.15.Natural Gas January future has shed 0.4 percent at $ 2.053.

The energy future has slipped a percent from day's high of Rs 2,516 to hit a low at Rs 2,491.Now, the price of MCX Crude Oil is trading almost unchanged at Rs 2,495.

BASE METAL

Copper March future remains flat at $ 2.066.On Monday, trading gains are expected to get resisted at Rs 320 and 322 per kg. The high for Copper February  was at Rs 321.65 per kg, and a low of Rs 310.70 per kg was tested.

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