Commodity Outlook For 24th Jan. 2013 - Kedia Commodity Ltd

Gold

Gold inched down to settled at 30691 pulling further away from a one-month high hit earlier in the week, as increasing confidence in the global economic recovery dulled bullion's appeal as a safe haven investment. An International Monetary Fund decision to trim global growth estimates for this year sparked dollar demand as well, which sent gold falling as

Commodity Trading Tips For 24th. Jan. 2013 - Monarch Project Ltd

Gold Prices Slip Ahead of Debt Ceiling Vote

Gold prices were ticking slightly lower on Wednesday ahead of a House vote to suspend the debt ceiling for the near term. Gold for February delivery was losing $3 to $1,690.20 an ounce at the Comex division of the New York Mercantile Exchange. The gold price traded as high as $1,694.80 and as low as $1,688.50 an ounce, w

Agri Buzz Commodity Update For 23rd Jan. 2013 - JRG Securities Ltd

Pepper

• Pepper futures moved up marginally on extended buying due to low supplies in spot markets

• Arrivals yet to pick up in Kerala and Karnataka and expected only from February end

• Demand remains thin, but supplies are very tight

• Spot prices of new crop arrivals quoting at Rs40000 per quintal

Commodity Outlook For 23rd Jan. 2013 - Kedia Commodity Ltd

Gold

Gold prices rose and settled at 30772 after the Bank of Japan announced plans to ramp up its monetary stimulus programs next year. The Bank of Japan earlier said it would roll out an open-ended asset purchasing program to stimulate the economy in 2014 and double its inflation target to 2%, which allowed gold to post gains, as stimulus measures should weaken t

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

Gold

Gold settled up by Rs.176.00 at 30757 reversing losses on signs US lawmakers were making progress towards an agreement on raising the country's borrowing limit to avoid a debt default. US House Republican leaders on Friday said they would seek to pass a three-month extension of

Weekly Market Update - Kedia Commodity Ltd

Bullion

Bullion traded with the positive sentiments with Silver rallied more than +2.00% to settled at 59378 while gold ended lower, as a broadly stronger US dollar prompted investors to lock in gains from the previous session’s rally to a four-week high. Renewed concerns over the economic outlook for the euro zone and ongoing worries over the US debt

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

Gold

settled flat with -0.04% loss as weak U.S. consumer sentiment data offset earlier strength following positive economic data from China. U.S. House Republican leaders said they would seek to pass a three-month extension of federal borrowing authority next week to buy time - on pain of losing their own paychecks - for the Democratic-controlled Senate to pass a

Commodity Trading Tips For 21th. Jan. 2013 - Monarch Project Ltd

USD/INR

As per weekly chart we seen price broken multi week support at 54 level with volume, if price maintain below 54 level than we expect further appreciate till 53-52.75.

Also RSI is losing its strength hence this built our base strong for the coming sessions.

21/Jan/2013 10:47 AM | Posted in Commodities Reports read full news