DAILY COMMODITY REPORT 19TH DECEMBER 2012
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ďƒ˜ HEADLINES
Sagging dollar may take glitter off gold Gold is likely to head lower in the domestic market after a sharp fall overnight in global exchanges. A weakening dollar that could render the Indian rupee
ďƒ˜ TRADING TIP:
Sell Zinc Dec
will also boost the trend. Signs of progress in the US fiscal talks have begun to weaken gold since the dollar could slip in the event of a solution to the crisis that has
Below 113
been dragging for sometime now. A rising rupee, on the
TGTS-112.40/111.60
commodities such as gold, crude oil and edible oil.
SL-113.70
other hand, makes imports cheaper, particularly that of These commodities top the import basked as India imports a good quantity of these to meet rising demand. Base metal prices close mixed on LME.
Buy Copper Feb Above 446.90
Base metals have closed mixed on the London Metal Exchange (LME), propped up to a certain extent by hopes for a US fiscal cliff resolution, but struggling to
TGTS-449.40/453
make much headway in quiet, end-of-year trade. At the
SL-443.20
the complex, up 1.1 per cent at $US17,795 a metric ton.
PM kerb close, LME three-month nickel was leading However, flagship copper was weaker, down 0.5 per cent at $US8,024/ton.
Markets took some comfort from signs that US policy WWW.EPICRESEARCH.CO
makers may be coming closer to+91 a resolution on the 9752199966 fiscal cliff, which is a series of tax increases and spending cuts slated to start from January 1.
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
4786 42250 42390
0.84 42435
45
4826 0.11
Nickel REF SOYA 7/19/2012
31-Dec-12 780.5 783.6
966.9 777.4 782.85
0.79 781.3
-1.55
974.5 -0.2
SOY BEANSilver 7/19/2012
4309 5-Mar-13 4330
4265.5 61484 4303
4315 -1.30
12
0.28 60687
TURMERIC 7/19/2012 Gold
4600 4676 5-Feb-13
4518 4664 31322
4540 -0.88
-124
-2.66 31056
1251
1251
1282
WHEAT
7/19/2012
1282
1246
36
2.89
Lead
31-Dec-12
125.75
0.56
126.45
Zinc
31-Dec-12
113.15
0.00
113.15
Copper
28-Feb-13
446.90
-0.07
446.60
Aluminium
31-Dec-12
114.65
-0.31
114.30
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DAILY MCX GOLD CHART
ANALYSIS OPEN: 31379 HIGH: 31535 LOW: 31023 CLOSE: 31056
GOLD LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
DAILY MCX SILVER CHART
ANALYSIS OPEN: 61607 HIGH: 62164 LOW: 60566 CLOSE: 60687
SILVER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
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