DAILY-COMMODITY-REPORT BY EPIC RESEARCH 24 DEC 2012

Page 1

DAILY COMMODITY REPORT 24THDECEMBER 2012

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ďƒ˜ HEADLINES

Gold near four-month low; set for worst week since June. Gold was near a four-month low and set for its steepest weekly loss since June as investors were discouraged by a weaker euro and stalled U.S. budget talks. Bullion

ďƒ˜ TRADING TIP:

Buy Gold Feb

stood at $1,649.20 per ounce by 1411 GMT, barely changed on the day after earlier hitting a low of $1,635.24. It touched a four-month low of $1,635.09.

Above 30950

U.S. Comex February gold futures were up 0.25 percent

TGTS-31050/31125

spot gold and U.S. futures were on track for a fourth

SL-30880

at $1,650.00 after hitting a low around $1,636. Both straight weekly drop and have so far shed about 3 percent, the steepest fall since late June. Copper Gains After Biggest Drop in Two Months on China

Sell Nickel Dec Below 959

Copper rose in London after the biggest fall in two months yesterday as data showed a rebound in imports by China, the biggest metal user. Refined-copper

TGTS-956/952

imports by China last month climbed 8.7 percent from

SL-963.20

mailed by the General Administration of Customs

October to 250,666 metric tons, according to data etoday. Copper production fell short of demand by 55,000 tons in September, bringing the shortage for the year so far to 594,000 tons.

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PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHG

PERCENTAGE CHANGE

CHANA

7/19/2012

4556

4573

4525

4560

4532

-28

-0.61

CHILLI

7/19/2012

5060

5060

5018

5120

5018

-102

-1.99

GUR

7/19/2012

1188

1188

1178

1183.5

1178

-5.5

-0.46

JEERA

7/19/2012

14955

14960

14650

15052.5

14800

-252.5

KAPAS

7/19/2012

1044

1053

1035

1049

1041

-8

-0.76

Symbol

DAILY MARKET STATISTICS

Expiry Date

PCP

% Change

-1.68

LTP

Crude Oil PEPPER 7/19/2012

21-Jan-13 42300 42555

4913.00 42250 42390

0.20 42435

45

4923.00 0.11

Nickel REF SOYA 7/19/2012

31-Dec-12 780.5 783.6

957.70 777.4 782.85

0.20 781.3

-1.55

959.60 -0.2

SOY BEANSilver 7/19/2012

4309 5-Mar-13 4330

4265.5 58286.00 4303

4315 -0.21

12

0.28 58165.00

TURMERIC 7/19/2012 Gold

4600 4676 5-Feb-13

4518 4664 30888.00

4540 0.08

-124

-2.66 30913.00

1251

1251

1282

WHEAT

7/19/2012

1282

1246

36

2.89

Lead

31-Dec-12

126.20

0.00

126.20

Zinc

31-Dec-12

113.05

0.09

113.15

Copper

28-Feb-13

438.80

-0.17

438.05

Aluminium

31-Dec-12

113.15

0.13

113.30

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 DAILY MCX GOLD CHART 

ANALYSIS OPEN: 30888 HIGH: 30934 LOW: 30851 CLOSE: 30913

GOLD LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS


 DAILY MCX SILVER CHART

ANALYSIS OPEN: 58286 HIGH: 58286 LOW: 57801 CLOSE: 58165

SILVER LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS

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