WEEKLY COMMODITY REPORT 28TH JANAURY 2013
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ďƒ˜ HEADLINES Gold eases on steady selling; silver recovers Gold prices eased further at the bullion market here today on steady selling from stockists and traders. In contrast, silver recovered smartly following speculative
ďƒ˜ TRADING TIP:
Buy Crude Oil Feb
off-take,
coupled
with
good
industrial
demand.
Standard gold of 99.5 per cent purity moved down by Rs 35 per 10 gram .
Above 5210 TGTS-5260/5330 SL-5180
Select
base
metals
recover
on
industrial
demand, global cues. Select base metals recovered at the non-ferrous metal market here on stockist buying, amidst renewed industrial demand as well as higher London Metal
Sell Nickel Feb
Exchange (LME) cues. Nickel, aluminium utensils scrap and copper utensils scrap climbed by Rs 3 per kg each .
Below 930 TGTS-920/900 SL- 935
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MCX WEEKLY GOLD CHART
ANALYSIS OPEN: 30599 HIGH: 30847 LOW: 30258 CLOSE: 30331
GOLD LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
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MCX WEEKLY SILVER CHART
ANALYSIS OPEN: 59460 HIGH: 59974 LOW: 58176 CLOSE: 58250
SILVER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
MCX WEEKLY COPPER CHART
ANALYSIS OPEN: 438.50 HIGH: 441.05 LOW: 434.50 CLOSE: 436.60
COPPER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
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MCX WEEKLY CRUDE OIL CHART
ANALYSIS OPEN: 5161 HIGH: 5212 LOW: 5132 CLOSE: 5194
CRUDE OIL LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS
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COMEX WEEKLY SILVER CHART
ANALYSIS OPEN: 31.88 HIGH: 32.45 LOW: 31.10 CLOSE: 31.19
COMEX SILVER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
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COMEX WEEKLY GOLD CHART
ANALYSIS OPEN: 1686.83 HIGH: 1695.82 LOW: 1655.71 CLOSE: 1658.93
COMEX GOLD LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE
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