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DAILY COMMODITY REPORT 27th SEPTEMBER 2012

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HEADLINES
MCX to launch innovative 1 kg Silver futures Indias largest commodity bourse, Multi Commodity Exchange of India Ltd (MCX), will launch Silver 1000, a first of its kind and innovative deliverable 1 kg silver contract on Thursday. The delivery centre will be New Delhi as it is being one of the largest consumers of silver in India, this contract will cater to the needs of small jewellers and retail investors, who wish to take physical delivery of 1 kg silver bar in demat or physical form.

TRADING TIP:

Sell Gold Oct Below 31280 TGTS-31240/31200 SL-31335

Gold prices slide 1 percent to two-week low Gold prices fell more than 1 percent on Wednesday as pressure from a stronger dollar and a weaker tone to stocks markets and other commodities combined with profit-taking ahead of quarter-end to push the metal through key support. Pressure from other markets has meant gold has struggled to maintain gains after hitting 6-1/2 month highs this month after the Federal Reserve, the European Central Bank and the Bank of Japan all took steps to further loosen monetary policy. Further easing, which is expected to keep long-term interest rates low while stoking inflation fears and boosting liquidity, lifted gold out of its previous lackluster range.

Sell Lead Sep Below 121.00 TGTS-120.50/119.90 SL-121.70

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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 -1.49 42435 -1.27 781.3 4315 0.55 4540 -0.29 1282 -1.14

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

-0.61 -1.99 -0.46 -1.68 -0.76 4822 0.11 964.9 -0.2 0.28 62656 -2.66 31310 2.89 121.25

DAILY MARKET STATISTICS


1183.5 15052.5 1049

Symbol

Expiry Date

PCP

% Change

LTP

KAPAS

Crude Oil PEPPER 7/19/2012 Nickel REF SOYA 7/19/2012 SOY BEAN Silver 7/19/2012 TURMERIC 7/19/2012 Gold WHEAT Lead 7/19/2012

19-Oct-12 42300 42555 28-Sep-12 780.5 783.6 4309 5-Dec-12 4330 4600 4676 5-Oct-12 1251 28-Sep-12 1282

4895 42250 42390 977.3 777.4 782.85 4265.5 62314 4303 4518 4664 31400 1251 122.65 1246

Zinc

28-Sep-12

111.95

-1.65

110.1

Copper

30-Nov_12

445

-0.67

442

Aluminium

28-Sep-12

110.65

-0.77

109.8

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DAILYMCX GOLD CHART

ANALYSIS
OPEN: 31429 HIGH: 31499 LOW: 31205 CLOSE: 31310

GOLD LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

DAILY MCX SILVER CHART

ANALYSIS
OPEN: 62390 HIGH: 62790 LOW: 61830 CLOSE: 62656

SILVER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

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