DAILY COMMODITY REPORT 20TH DECEMBER 2012
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HEADLINES
Gold, silver drop sharply on heavy sell-off, global cues. Gold prices plunged to hit nearly one-and-a-half-month low at the domestic bullion market on hectic selling by
TRADING TIP:
Sell Crude oil Jan
stockists and investors on the back of sharp fall in overseas markets. Silver also nosedived on frantic speculative selling
Below 4940
pressure. Standard gold (99.5 purity) dropped by a
TGTS-4920/4890
Tuesday’s closing level of Rs31,175. Pure gold (99.9
SL-4962
hefty Rs635 per 10 gm to close at Rs30,540 from purity) plummeted by Rs630 per 10 gm to finish at Rs30,670 from Rs31,300.
Copper Near Lowest Level in Two Weeks on U.S. Budget Talk
Sell Copper Feb
Copper declined to the lowest level in almost three
Below 439.30
weeks
TGTS-437/434
months fell as much as 0.5 percent to $7,885 a metric
SL-441.90
amid
concerns
that
budget
negotiations
deteriorated in the U.S. Metal for delivery in three ton, the lowest since Nov. 30, before trading at $7,886 on the London Metal Exchange at 10:30 a.m. in Shanghai. Copper for delivery in March on the Shanghai Futures Exchange fell 1 percent to 57,070 yuan ($9,161) a ton. Markets took some comfort from signs that US policy
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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
4826.00 42250 42390
2.51 42435
45
4947.00 0.11
Nickel REF SOYA 7/19/2012
31-Dec-12 780.5 783.6
974.50 777.4 782.85
-0.49 781.3
-1.55
969.70 -0.2
SOY BEANSilver 7/19/2012
4309 5-Mar-13 4330
4265.5 60687.00 4303
4315 -1.78
12
0.28 59607.00
TURMERIC 7/19/2012 Gold
4600 4676 5-Feb-13
4518 4664 31056.00
4540 -0.76
-124
-2.66 30819.00
1251
1251
1282
WHEAT
7/19/2012
1282
1246
36
2.89
Lead
31-Dec-12
126.45
0.40
126.95
Zinc
31-Dec-12
113.15
-0.75
112.30
Copper
28-Feb-13
446.60
-1.60
439.45
Aluminium
31-Dec-12
114.30
-1.40
112.70
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DAILY MCX GOLD CHART
ANALYSIS OPEN: 31022 HIGH: 31022 LOW: 30760 CLOSE: 30819
GOLD LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
DAILY MCX SILVER CHART
ANALYSIS OPEN: 60556 HIGH: 60700 LOW: 59525 CLOSE: 59607
SILVER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
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