DAILY COMMODITY REPORT 26THDECEMBER 2012
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HEADLINES
Gold slips on U.S. budget woes, but yen lifts TOCOM 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
TRADING TIP:
Sell Nickel Dec
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.
Below 950
U.S. Comex February gold futures were up 0.25 percent
TGTS-943/935
spot gold and U.S. futures were on track for a fourth
SL-957
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.
Strong fundamentals to push base metals up in
Sell Zinc Dec Below 112
2013 Base metals are likely to remain bullish in 2013 on better economic prospects in major consuming nations.
TGTS-111.20/110.50
Hedge funds have already started betting long on base
SL-112.90
surpass last year’s level, US leaders will resolve fiscal
metals amid hopes that China’s economic growth would cliff hurdles and European nations would work together to overcome economic slowdown.
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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
4923.00 42250 42390
-0.30 42435
45
4908.00 0.11
Nickel REF SOYA 7/19/2012
31-Dec-12 780.5 783.6
959.60 777.4 782.85
-0.98 781.3
-1.55
950.20 -0.2
SOY BEANSilver 7/19/2012
4309 5-Mar-13 4330
4265.5 58165.00 4303
4315 -0.75
12
0.28 57729.00
TURMERIC 7/19/2012 Gold
4600 4676 5-Feb-13
4518 4664 30913.00
4540 -0.19
-124
-2.66 30854.00
1251
1251
1282
WHEAT
7/19/2012
1282
1246
36
2.89
Lead
31-Dec-12
126.20
0.20
126.45
Zinc
31-Dec-12
113.15
-0.66
112.40
Copper
28-Feb-13
438.05
-0.40
436.30
Aluminium
31-Dec-12
113.30
-0.88
112.30
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DAILY MCX GOLD CHART
ANALYSIS OPEN: 30865 HIGH: 30925 LOW: 30810 CLOSE: 30854
GOLD LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS
DAILY MCX SILVER CHART
ANALYSIS OPEN: 58149 HIGH: 58338 LOW: 57665 CLOSE: 57729
SILVER LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS
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