Thursday 19 February 2015

Commodity Market News-20 Feb 2015

Free Commodity Tips

Gold prices gained during session ending Thursday. The prices ended the day at Rs 26266 per 10 grams against Rs 26137 per 10 grams. Correction below Rs 26000 and Rs 25800 are the immediate suport zones.

MCX Silver futures are trading at Rs 36912 per kg, upRs 616 per kg or 1.75% on the day.

Crude Oil declined during the trading session on Thursday. The prices  settled at Rs 3246 per barrel against Rs 3313 per barrel a day before. Crude Oil tested a high of Rs 3300 and a low of Rs 3128 per barrel.

MCX Copper February expiry contract was static for the session ending Thursday. The metal remained dull and in ranges, after rally seen a day before. Copper ended the day at Rs 359.45 against 359.50 per kg on 19 Feb 2015. Gains are expected to get resisted at Rs 362 and 365 per kg.

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