Friday 7 December 2012

Commodity Trading Calls

In the international market, dull gold, while silver is trading with modest gains. But gold is at $ 1,605 with Comaks idling. Light edge with the silver trading at $ 27 per ounce is. Gold traded flat on Tuesday, with the domestic market had closed above Rs 30,000 while silver with a gain of 0.19 per cent to Rs 53450 was.

Naimaks crude oil is trading with a gain of 0.25 per cent, while prices have risen to above 94 dollars a barrel. mcx calls 1 per cent on Tuesday, with crude oil closed above Rs 5,200.

Copper on the London Metal Exchange is trading with a gain of 0.5 per cent. Copper in the domestic market on Tuesday with a gain of 0.68 per cent to Rs 414 was. 

Despite the slowness of the international market, the domestic market is seeing an increase in gold and silver. Drasr weak rupee against the dollar, gold and silver have been strengthened. Comaks 0.2 per cent drop in gold and silver was 1.5 dollars. Naimaks flat on the crude oil is trading at the level of $ 94.25. Copper gained 0.2 percent on the LME.

With a gain of 0.3 per cent on MCX gold prices updates is trading at Rs 30 090. 0.25 per cent to Rs 53 560 with the silver is approaching. MCX crude oil with a gain of 1 per cent to Rs 5,270 is reached. 0.25 to 0.7 per cent decline in base metals on MCX, but only in Copper is trading flat.

With a gain of 2.5 per cent on free ncdex tips maize is trading at Rs 1,440. Castor seed September, October, November and December futures gained 1.5-2 per cent. Pepper on the NCDEX dropped 1.5 per cent to Rs 43 850 has arrived. Cotton cake and barley declined by 1 per cent.
In India, the World Gold Council, gold demand has also put his seal. India rather than China's gold demand is highest.

According to the World Gold Council, India's gold imports during April-June was 56 per cent. India's gold demand declined by 38 per cent.

In India due to high prices of gold in jewelery consumption has decreased by 30 per cent. Not only gold investment demand has also declined by 50 per cent.

Reduction in demand for gold in the world has seen. World Gold Council claims that during April to June, up 23 per cent decline in world demand for gold. Although the decline in China's demand is low. World Gold Council claims that China will be the world's largest gold consuming country.
Stimulus package in Europe is expected to see flashes of gold. But on Naimaks crude oil seems sluggish even though it has risen above $ 96.

Naimaks currently being completely flat on the crude oil is trading at 96.30 dollars a barrel. Brent crude on the ICE, with 0.3 per cent is trading around $ 114 a barrel.

Meanwhile, gold with marginal gains on Comaks 1621.50 dollars per ounce level is reached. With a gain of 0.3 per cent on Comaks the silver trading at 28.70 dollars per ounce is. On LME Copper gained 0.25 per cent.
Crude oil is filled up for the week. This week saw crude oil gained 3.4 percent. Because of the good economic data in the U.S. is expected to grow further in crude oil demand has been shopping. 

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