DAILY COMMODITY MARKET STRATEGY- 27 May 2016

BULLION

Silver July future has slipped back into red this morning and is down over 0.5 percent at $ 16.240.Gold June delivery has declined 0.3 percent at $ 1,217.20 per ounce.Platinum July contract is marginally down at $ 993.15.

Gold declined by 0.7 percent in the intraday trades on Thursday. From the peak of Rs 30,538 per 10 grams on 2 May 2016, Gold has toppled, with significant falls in the sixth consecutive sessions.

ENERGY

Both Crude Oil and Brent Oil July series have shed almost a percent each at $ 49.11 and $ 49.59, respectively.Natural Gas July expiry is slightly down at $ 2.143.

BASE METAL

Copper July contract has advanced 0.5 percent at $ 2.108.

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