13/07/2015

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COMMODITY

OPEN

HIGH

LOW

SILVER

35469

35885

35342

35615

GOLD

26088

26158

26017

26058

CRUDEOIL

3383

3418

3302

3331

NETURALGAS

174.30 178.40

173.70

177.40

ZINC

128.10 128.50

126.50

127.55

LEAD

114.75

115.60

113.25 113.70

ALLUMINIUM

106.35

106.70

105.40 106.15

COPPER

360.00

360.90

356.50 358.70

NICKEL

735.00

739.20

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711.30

CLOSE

713.10

 Gold weakens on sluggish demand; silver strengthens. Gold eased by

Rs 6.00 to Rs 26,058 per ten grams at the bullion market on Friday
owing to slackened demand from jewellers even as the metal
strengthened
overseas.
Silver, however, inched up by Rs 287 to Rs 35,615 per kg.
Bullion traders attributed the fall in gold prices to easing demand
from jewellers and retailers at current levels. But, a firming trend in
the precious metal overseas, capped the losses.
Lead down by 0.04% on global trend. Lead futures declined 1.22% to
Rs 113.70 per kg on Friday as participants reduced positions even as
metal strengthened at the London Metal Exchange (LME).
At the Multi Commodity Exchange, lead for delivery in July traded
lower by 1.40 paise, or 1.22%, to Rs 113.70 per kg, with a
business turnover of 287 lots.

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GOLD TECHNICAL UPDATE

MCX GOLD AUG2015

Researcher View
The above Daily chart of Gold suggest that prices have reversed
after taking support level. RSI is in a Buy mode. We expect prices
to correct up to levels of 26240.
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CRUDEOIL TECHNICAL UPDATE

MCX CRUDEOIL JULY2015

Researcher View
The above Daily chart of Crude oil suggest that prices have
reversed after taking support level. RSI is in a Buy mode. We
expect prices to correct up to levels of 3250.

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 The information contained here was gathered from sources deemed

reliable however; no claim is made as to accuracy or content. This does
not contain specific recommendations to buy or sell at particular prices
or time, nor should any examples presented be deemed as such. There
is a risk of loss in commodity trading and you should carefully consider
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and should not be deemed as such. Money Classic Investment Advisors
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use at the sole discretion of the investor without any liability on Money
Classic Investment Advisors.
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