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Friday, 13 January 2017

DAILY COMMODITY MARKET STRATEGY- 13 Jan 2017

Best Commodity Tips
BULLION

Both Gold February and Silver March futures have shed more than half a percent each at $ 1,193 an ounce and $ 16.718, respectively.Platinum April contract has also declined 0.5 percent at $ 975.In Mumbai on Thursday (12 January 2017), silver spot was at Rs 41,450 per kg, standard gold was at Rs 28,950 for 10 gm, and pure gold was at Rs 29,100 for 10 gm.In Chennai, bar silver was at Rs 41,370 per kg, standard gold was at Rs 29,350 for 10 gm, retail silver was at Rs 44.30 per gm and retail ornament gold was at Rs 2,804 per gm.

ENERGY

Natural Gas February expiry has advanced almost a percent at $ 3.415.Crude Oil February and Brent Oil March series are marginally up at $ 53 and $ 56 a barrel, respectively.

BASE METAL

Copper March delivery is quoted at $ 2.661 - down 0.3 percent.

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