DAILY COMMODITY MARKET STRATEGY-12 Oct 2015

BULLION

Gold December future has jumped over a percent in early morning deals at $ 1,158.10.Silver December contract has gained 0.4 percent at $ 15.830.Platinum January 2016 delivery is almost unchanged at $ 983.80.

MCX Gold December futures today may face resistance around Rs 26,735-26,770-26,805, while seek support around Rs 26,510-26,475-26,440.

ENERGY

Crude Oil November expiry has spurted 1.3 percent at $ 50.07.Brent Oil November future has advanced almost a percent at $ 53.33.Natural Gas November contract is quoted at $ 2.529 - up 0.4 percent.

BASE METAL

Copper December delivery is trading on a soft note at $ 2.412.

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