DAILY COMMODITY MARKET STRATEGY-22 Dec 2014

BULLION

Gold February future has added 0.2 per cent at $ 1,197.90.Silver March delivery is marginally down at $ 16.013.Platinum January contract is trading marginally up at $ 1,198.55.

ENERGY

Crude Oil February expiry has rallied nearly a per cent at $ 57.66.Brent Oil February future is trading flat at $ 62.15.Natural Gas January has plunged nearly 3 per cent at $ 3.346.

The MCX December Natural Gas futures dropped for the second straight day, On Friday, the Natural Gas prices tested a low of Rs 219, before settling with a significant loss of 4 per cent at Rs 221 owing to sharp fall in global Natural Gas futures on weather forecasts.

BASE METAL

Copper March contract has moved down 0.2 per cent at $ 2.889.

Get Free Share Market Tips, MCX Tips Free Trial, NCDEX Tips, Commodity Tips, Nifty Futures Tips with profitable calls and tips.