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DAILY COMMODITY REPORT 14th SEPTEMBER 2012

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HEADLINES
Federal Reserve's third act propels gold, others lag Major commodity markets, including oil and copper, gave an initial tepid response to the Federal Reserve's third effort to revive the U.S. economy, leaving gold the biggest beneficiary of a plan that has been slowly baked

TRADING TIPS:

into markets for weeks. Prices jumped immediately on Thursday after the Fed said it had agreed to buy $40 billion of mortgage debt per month and continue to purchase assets until the outlook for jobs improves substantially, meeting broad expectations for a third set of quantitative easing to get growth back on track. Gold importers at bay as prices hover near peak Gold importers in India, the world's biggest buyer, on Thursday were unwilling to get stuck with stocks of the yellow metal, whose prices hovered near a record high, even as a key Federal Reserve policy decision neared. India celebrates Ganesh Chaturthi next week, when gold buying edges up. Festivals and weddings will continue till November.

Buy Silver Dec above 65700 TGTS 65850/65980 SL- 65550


PAST PERFORMANCE

Sell Silver Dec below 63200 TGTS62950/62800 SL- 63450


TARGET ACHIEVED
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PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHG

PERCENTAGE CHANGE

CHANA CHILLI GUR JEERA

7/19/2012 7/19/2012 7/19/2012 7/19/2012 7/19/2012

4556 5060 1188 14955 1044

4573 5060 1188 14960 1053

4525 5018 1178 14650 1035

4560 5120

4532 5018 1178 14800 1041 3.52 42435 2.39 781.3 4315 2.27 4540 1.69 1282 1.26

-28 -102 -5.5 -252.5 -8 45 -1.55 12 -124 36

-0.61 -1.99 -0.46 -1.68 -0.76 68700 0.11 119.8 -0.2 0.28 119.2 -2.66 33564 2.89 116.1

DAILY MARKET STATISTICS


1183.5 15052.5 1049

Symbol

Expiry Date

PCP

% Change

LTP

KAPAS

SILVER PEPPER 7/19/2012 LEADMINI REF SOYA 7/19/2012 SOY BEAN LEAD 7/19/2012 TURMERIC 7/19/2012 GOLD WHEAT 7/19/2012

4-May-13 42300 42555 31-Oct-12 780.5 783.6 4309 28-Sep-12 4330 4600 4676 5-Apr-13 1251 31-Oct-12 1282

66364 42250 42390 777.4 117 782.85

4265.5 116.55 4303 4518 4664 33005 1251 114.65 1246

ALUMINIUM

NICKEL

28-Sep-12

920.9

1.21

932

ZINC

31-Dec-12

112.2

1.2

113.55

NATURALGAS

27-Nov-12

189.5

-2.27

185.2

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DAILYMCX GOLD CHART

ANALYSIS
OPEN: 31895 HIGH: 32421 LOW: 31667 CLOSE: 32326

GOLD LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS

DAILY MCX SILVER CHART

ANALYSIS
OPEN: 63268 HIGH: 65723 LOW: 62273 CLOSE: 65292

SILVER LOOKS UPWARD TREND: BULLISH STRATEGY: BUY ON DIPS

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