Commodity Outlook For 26th February. 2013 - Kedia Commodity Ltd


Gold settled flat at 29617 tracking gains from international mark as uncertainty over Italy's election results stoked fears of a resurgent euro zone debt crisis, boosting bullion's appeal as a safe-haven investment. Election projections show that no party is likely to win a majority in the upper house of Italy's Senate, fuelling worries about revi

Commodity Outlook For 25th February. 2013 - Kedia Commodity Ltd


Gold rose to settle at 29605 after dropping below 229250 last week’s concerning slide as traders appear to be bargain hunting with the yellow metal. Traders fled gold and other commodities last week on speculation that the Fed is debating winding down its monetary easing programs that have previously supported gold and weakened the dollar. That speculat

Commodity Outlook For 22nd February. 2013 - Kedia Commodity Ltd


Gold prices rose by +0.55 on short covering after weekly jobless claims came in higher in the US than expected, quashing talk that the Federal Reserve may closer to winding down monetary stimulus measures. Higher than expected core inflation rates in the US capped gold's gains. Talk that the Federal Reserve may be closer to winding down stimulus programs,

Commodity Chart Picks 22nd February 2013 - JRG Securities Ltd

Turmeric Apr NCDEX

The market has broken the trend line support of 6282 suggesting weak trend. Next critical support is seen at 5970 and any breakout below the same may bring in fresh selling in the short term. For intraday, sell on a pullback is ideal strategy.

22/Feb/2013 11:38 AM | Posted in Commodities Reports read full news

Commodity Outlook For 21th February. 2013 - Kedia Commodity Ltd


Gold prices dropped to 6-month lows and settled at 29579 after investors flocked to the safety of the deep and liquid dollar to await the release of the Federal Reserve's minutes from its latest monetary policy meeting. Weak housing data sent prices falling as well. The Federal Reserve will release the minutes from its last monetary policy meeting later W