Wednesday 8 April 2015

Commodity Market News-09 APRIL 2015

Free Commodity Tips

BULLION

Gold June future has declined 0.5 per cent at $ 1,197.20.

Silver May and Platinum July series have shed over 0.5 per cent each at $ 16.348 and $ 1,160.15, respectively.

ENERGY

Crude Oil May delivery has jumped more than a per cent to $ 51.05.

The MCX April Crude Oil futures saw a U-tern in yesterday's trade on account of profit-taking.

On Wednesday, the energy futures tested a low of Rs 3,166, before signing off the day - with a significant loss of over 3 per cent (Rs 143) at Rs 3,182.

Natural Gas May contract is trading on a flat note at $ 2.624.

The MCX April Natural Gas futures are not giving any clear signals on which way the prices are moving. On Wednesday, the energy futures tested a low at Rs 163 and a high at Rs 167, before settling with a loss of 2.7 per cent at Rs 164 following NYMEX Natural Gas futures.

BASE METAL

Copper May future is trading lower by 0.2 per cent at $ 2.729.

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