DAILY COMMODITY REPORT BY EPIC RESEARCH- 3 DECEMBER 2012
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DAILY COMMODITY REPORT
3RD DECEMBER 2012
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HEADLINES
Gold edges up; U.S. fiscal uncertainty caps
gains.
Gold posted minor gains on Monday on strength in the
euro, but uncertainty about the U.S. budget talks kept
bullion's advances in check. Underscoring investors'
interest in the metal, holdings of gold-backed
TRADING TIP: exchange-traded funds hit a record high and
Sell Aluminium Dec speculators raised their net length in gold for the third
straight week. The euro rose to a six-week high versus
Below 113 the dollar after upbeat China manufacturing data
helped trigger stop-loss buying, and the dollar index
TGTS-112.40/111.60 dropped to a one-month low, making dollar-priced
SL-113.50 commodities more attractive for buyers holding other
currencies.
Expect precious, base metals, crude to trade
positive
Sell Zinc Dec
Epic Research has come out with its report on
Below 110.90 international commodities. According to the research
firm, in the evening session, precious, base metals and
TGTS-110.40/109.80 crude oil prices are expected to trade with a positive
SL-111.50 bias due to weakness in the DX.
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PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE
NAME CHANGE
CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61
DAILY MARKET STATISTICS
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 -1.68
Symbol Expiry Date PCP % Change LTP
KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76
Crude Oil 18-Dec-12 4838.00 0.19 4847.00
PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11
Nickel 31-Dec-12 931.70 2.47 954.70
REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2
Silver 7/19/2012
SOY BEAN 5-Dec-12 4330
4309 4265.5
61185.00 4303 4315
0.19 12 0.28
61301.00
TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66
Gold 5-Dec-12 31076.00 0.08 31010.00
WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89
Lead 31-Dec-12 121.90 -0.81 122.90
Zinc 31-Dec-12 110.55 0.50 111.10
Copper 28-Feb-13 436.30 1.04 440.85
Aluminium 31-Dec-12 113.35 -0.26 113.05
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DAILY MCX GOLD CHART
ANALYSIS
OPEN: 31125
HIGH: 31139
LOW: 31047
CLOSE: 31101
GOLD LOOKS DOWNWARD
TREND: BEARISH
STRATEGY: SELL ON RISE
DAILY MCX SILVER CHART
ANALYSIS
OPEN: 61225
HIGH: 61385
LOW: 61176
CLOSE: 61301
SILVER LOOKS DOWNWARD
TREND: BEARISH
STRATEGY: SELL ON RISE
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