Recommended
More Related Content
What's hot
What's hot (15)
Similar to Weekly commodity report
Similar to Weekly commodity report (20)
More from researchvia
More from researchvia (19)
Recently uploaded
Recently uploaded (20)
Weekly commodity report
- 2. S I L V E R G O L D - D A I L Y B U Z Z Base Metals & Energy Precious Metals Gold prices today extended losses for the third straight session by losing Rs 50 to Rs 26,950 per 10 grams on slackened demand at prevailing higher levels amid a weak global trend. However, silver found some buying support from industrial units and recovered by Rs 100 to Rs 44,100 per kg. Traders said slackened demand at prevailing higher levels amid a weak global trend mainly kept Gold prices while silver recovered on some buying from industrial units. Gold in London, which normally sets the price trend on the domestic front, lost 0.1 per cent to USD 1,389.43 an ounce. On the domestic front, gold of 99.9 and 99.5 per cent purity shed another by Rs 50 each to Rs 26,950 and Rs 26,750 per 10 grams, respectively. It had lost Rs 50 in last two day. Sovereigns held steady at Rs 23,700 per piece of eight grams. On the other hand, mcx silver ready recovered by Rs 100 to Rs 44,100 per kg and weekly- based delivery by Rs 155 to Rs 43,325 per kg. The white metal had lost Rs 300 yesterday. Although, silver coins remained stable at Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces. PAGE 1
- 3. C O P P E R C R U D E O I L D A I L Y B U Z Z Copper futures are trading higher in the domestic market on Friday as investors and speculators created fresh positions in the base metal amid a pickup in physical demand for copper in the domestic spot market. However, a spate of weak economic data from the US, the world’s second biggest copper consuming nation, dimmed the demand outlook for the base metal, trimming gains. Unemployment claims in the US rose to the highest level in six weeks, housing starts declined at the fastest pace since February 2011 in April, while manufacturing in the Philadelphia region shrank this month. The number of Americans who filed for unemployment benefit claims jumped to the highest level in six weeks, up 32,000 to a seasonally adjusted 360,000 last week, signalling a slowing labour market recovery. At the MCX Copper futures, for the June 2013 contract, is trading at Rs 404.10 per kg, up by 0.90 per cent, after opening at Rs 401.40, against a previous close of Rs 400.50. It touched an intra-day high of Rs 406.30. (At 15:59 PM). Base Metals & Energy
- 4. CHANA DHANIYA Agro Outlook D A I L Y B U Z Z Coriander prices rose by Rs 86 to Rs 6,776 per quintal in futures trade today, as speculators created fresh positions driven by pick-up in spot demand. The sentiment further improved as a result of limited stocks position on account of restricted arrivals from major growing areas. At the National Commodity and Derivative Exchange, coriander for July delivery rose by Rs 86, or 1.29 per cent to Rs 6,776 per quintal, with an open interest of 22,290 lots. Similarly, the spice for delivery in June rose by Rs 83, or 1.26 per cent, to Rs 6,678 per quintal, with an open interest of 12,610 lots.
- 5. AGRO COMMODITIES COMMODITY CLOSING PRICE TREND S2 S1 PIVOT POINT R1 R2 GOLD 27586 DOWN 26397 26992 27545 28140 28693 SILVER 43014 DOWN 41629 42321 43533 44225 45437 CRUDE OIL 5514 UP 5069 5291 5413 5635 5757 COPPER 413.25 DOWN 402.52 407.88 417.37 422.73 432.22 NICKEL 863.30 UP 821.17 842.23 860.37 881.43 899.57 NATURAL GAS 220.10 UP 209.43 214.77 222.13 227.47 234.83 LEAD 123.70 UP 120.10 121.90 125.15 126.95 130.20 ZINC 107.65 UP 105.05 106.35 108.75 110.05 112.45 ALLUMINIUM 109.45 UP 109.18 109.32 109.48 109.62 109.78 COMMODITY CLOSING PRICE TREND S2 S1 PIVOT POINT R1 R2 CHANA 3389 DOWN 3299 3344 3409 3454 3519 SOYA BEAN 3903 UP 3795 3849 3907 3961 4019 JEERA 13102 DOWN 12764 12933 13214 13383 13664 PEPPER 35500 SIDEWAYS 34250 34875 35625 36250 37000 TURMERIC 5980 UP 5491 5735 5997 6241 6503 RM SEED 3514 DOWN 3437 3476 3520 3559 3603 SOYA REF OIL 699.6 UP 688.60 694.10 699.25 704.75 709.90 M E T A L S & E N E R G Y Market Statistics
- 6. Disclaimer: All data and reports at Research Via are only information services for subscribers and are not individualized recommendations to buy or sell securities, nor offers to buy or sell securities. Under any circumstances the subscription amount paid to Research Via are not refundable. Investment in equity shares, futures, options and commodities has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above. This Website is for information purposes only. The information contained on this should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for the units of the schemes of Research Via. Research Via is neither responsible nor liable for third party content provided or content from any other aspect of any other Website, which may be accessed from this Website. A possibility exists that the site could include inaccuracies or errors. Additionally, a possibility exist that unauthorized additions, deletions or alterations could be made by third parties to the site. Although Research Via attempts to ensure the integrity, correctness and authenticity of the site, it makes no guarantees whatsoever as to its completeness, correctness or accuracy. In the event, that such an inaccuracy arises, please inform Research Via so that it can be corrected. Research Via and its owners/affiliates are not liable for damages caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in transmission or operations, computer virus, communications line failure, and unauthorized access to the personal accounts. Research Via is not responsible for any technical failure or malfunction of the software or delays of any kind. We are also not responsible for non- receipt of registration details or e-mails. Research Via is not responsible for the content of any of the linked sites. By providing access to other web-sites, Research Via is neither recommending nor endorsing the content available in the linked websites.