DAILY COMMODITY MARKET STRATEGY-29 Oct 2015

BULLION

Silver December future is witnessing selling pressure, and is down over 2 percent to $ 15.935, on hopes of rate hike in December by Fed.Gold December future has slipped 1.4 per cent at $ 1,160.20.Platinum January 2016 future has declined 0.4 percent at $ 999.05.

Yesterday, the bullion yellow metal gained to reach a high at Rs 27,189, before signing off the day with a gain of 0.5 percent (Rs 148) at Rs 27,073 per 10 grams.In the past two trading session, the commodity advanced Rs 250 - up almost a percent.

ENERGY

Crude Oil December future is quoted at $ 45.77 - down 0.4 percent.Brent Oil December future has shed more than half a percent at $ 48.87.Natural Gas December future is down 0.2 percent at $ 2.295.

BASE METAL

Copper December future has moved down 0.5 percent at $ 2.353.

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