DAILY COMMODITY REPORT
Precious Metals G
D A I L Y
B U Z Z
Gold prices today jumped sharply by Rs 680 to Rs 27,050 per ten grams in the bullion market here on heavy buying by stockists and retail customers amid a sharp rebound on the global front. Recovering from from a 31-month lows, mcx silver spurted by Rs 2,030 to Rs 44,200 per kg. Gold had plunged to 21-month lows in the previous session which triggered the value buying, traders said. Gold in New York, which normally sets price trend on the domestic front, spurted by 33.90 dollar to 1394.10 dollar an ounce and silver by 2.96 per cent to 22.92 dollar an ounce. On the domestic front, gold of 99.9 and 99.5 per cent purity rebounded by Rs 680 each to Rs 27,050 and Rs 26,850 per ten grams respectively. The metal had lost Rs 440 in last two session. Sovereign followed suit and gained Rs 200 to Rs 23,700 per piece of eight gram. In a similar fashion, silver ready spurted by Rs 2030 to Rs 44,200 per kg and weekly-based delivery by Rs 2205 to Rs 43,375 per kg. The metal had lost Rs 1,530 yesterday. Silver coins jump of Rs 3,000 to Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces. PAGE 1
Base Metals & Energy COPPER
D A I L Y
B U Z Z
Crude oil futures today fell by Rs 20, or 0.38 per cent, to Rs 5,282 per barrel, as speculators trimmed positions amid a weakening trend in the Asian trade. At the Multi Commodity Exchange, crude oil for delivery in June fell by Rs 20 or 0.38 per cent, to Rs 5,282 per barrel in 3,367 lots. Similarly, the oil for July delivery moved down by Rs 17, or 0.32 per cent, to Rs 5,305 per barrel in 87 lots. Lead prices dropped by 0.81 per cent to Rs 110.05 per kg in futures trade today due to sluggish demand from battery-makers. At the Multi Commodity exchange, lead for delivery in June declined 90 paise, or 0.81 per cent, to Rs 110.05 per kg in business turnover of 133 lots. The May contract dropped by 15 paise, or 0.77 per cent, to Rs 109.80 per kg in 1,945 lots.
Agro Outlook DHANIYA
D A I L Y
B U Z Z
Turmeric prices moved down by 1.27 per cent to Rs 5,920 per quintal in futures trade today in line with trends at spot markets. At the National Commodity and Derivatives Exchange, turmeric for delivery in May moved down by Rs 76, or 1.27 per cent to Rs 5,920 per quintal with an open interest of 315 lots. The June contract of the spice traded lower by Rs 20, or 0.33 per cent to Rs 5,960 per quintal in 24,310 lots. Cardamom prices rose by 0.57 per cent to Rs 758 per kg in futures trade today as speculators created fresh positions, driven by pick-up in demand at spot markets. Besides, lower arrivals from producing regions also supported the upside. At the Multi Commodity Exchange, the July contract of cardamom gained Rs 4.30, or 0.57 per cent to Rs 758 per kg in business turnover of 122 lots. The spice for delivery in June edged up by 90 paise, or 0.12 per cent to Rs 727.10 per kg in 400 lots.
Market Statistics M ETALS & ENERGY COMMODITY
SOYA REF OIL
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Published on May 22, 2013
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