DAILY COMMODITY MARKET STRATEGY-14 Oct 2015
BULLION
Gold and Silver December futures have advanced over 0.5 percent each at $ 1,172 and $ 15.985, respectively.Platinum January 2016 delivery has gained 0.3 percent at 994.65.
MCX Gold future prices are slightly below the higher-end of the Bollinger Band (27,025), but however are above the key moving averages like - 20-DMA (Rs 26,470), 50-DMA (Rs 26,260) and 200-DMA (Rs 26,515).
ENERGY
Crude Oil November and Brent Oil December futures have added 0.4 per cent each at $ 46.85 and $ 49.81, respectively.Natural Gas November contract is quoted at $ 2.498 - up 0.2 percent.
BASE METAL
Copper December delivery has spurted around a percent at $ 2.397.
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