Monday, 6 April 2015

Commodity Market News-07 April 2015

Free Commodity Tips

BULLION

Gold June and Platinum July futures have shed 0.4 per cent each at $ 1,214.20 and $ 1,173.15.

Gold prices ended higher Monday but shying away from Rs 27,000. The prices ended the day at Rs 26,997 per 10 grams on 6 April 2015 against Rs per 10 grams on 26,597 on 2 April 2015.

Gold price tested a high of Rs 27,095 per 10 grams and a low of Rs 26,645 per 10 grams.

Silver May future has dropped over a per cent at $ 16.918.

ENERGY

Crude Oil May future has slipped 0.7 per cent at $ 51.77.

Crude oil prices gained marginally on Monday to end the session at Rs 3,254. The prices of Crude Oil has now been moving near crucial psychological resistance of Rs 3,300 per barrel.

Natural Gas May future has gained 0.3 per cent at $ 2.659.

BASE METAL

Copper May future has spurted around a per cent at $ 2.738.

MCX Copper April expiry contract lost on Monday on the back of profit booking. Prices inched closer to Rs 370 that is acting as a formidable support base.

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