Commodity outlook: Energy counters fall; here’s how
others may fare today
Energy and precious metals were down in the domestic market on Monday as the fast-spreading coronavirus took
over 900 lives in China.
Crude oil was down 0.64 per cent to Rs 3,594 per barrel, while natural gas plunged 3.73 per cent to Rs 129.20. Gold
was down 0.13 per cent to Rs 40,593.
Base metals were up as nickel and copper gained 0.75 per cent and 0.16 per cent, respectively.
Here is how SMC Global expects commodities to fare today: