1. Daily Commodity Report
14th January 2013
Gold Silver Crude MCX GOLD (5 FEBRUARY 13) –
12-Jan-13
Gold opened lower at 30790 and moved marginally lower to touch
Expiry 5-Feb-13 5-Mar-13 21-Jan-13 an intra-day low of 30785. However, it managed to move higher
Open 30,790 58,222 5,124 and touched an intra-day high of 30795. It ended the day with
marginal gains to close at 30790.
High 30,795 58,249 5,149
Low 30,782 58,125 5,124 The RSI and the Stochastic have slipped below their respective
averages, which would lead selling pressure. The +DI line, the -DI
Close 30,790 58,199 5,136 line and ADX line are moving sideways, indicating a range bound
Prev. Close 30,757 58,105 5,120 trend. MCX Gold faces resistance at 30916, 31535, 31702 and
31790 while the support levels are placed at 30475, 30366, 30150
% Change 0.11% 0.16% 0.31%
and 29607.
Source – MCX
MCX SILVER (5 MARCH 13) –
Volume (In 000's) Silver opened higher at 58222 and moved marginally lower to
touch an intra-day low of 58125. However, it managed to move
12-Jan-13 11-Jan-13 % Chg. higher and touched an intra-day high of 58249. It ended the day
Gold (gms) 1,465.0 35,965.0 -95.93% with modest gains to close at 58199.
Silver (kgs) 49.1 1,808.9 -97.28% The Stochastic has slipped below its average, which would lead to
Crude (bbl) 660.5 18,229.5 -96.38%
selling pressure. However, the RSI is placed above its averages,
which would lead to buying support at lower levels. The +DI line,
Source – MCX the -DI line and ADX line are moving sideways, indicating a range
bound trend. MCX Silver faces resistance at 59483, 61484 and
Turnover (In Lacs) 63224 while the supports are placed at 57049, 56372 and 55952
levels.
12-Jan-13 11-Jan-13 % Chg.
Gold 45,106.0 1,108,993.8 -95.93% MCX CRUDE (21 JANUARY 13) –
Crude opened higher at 5124. Incidentally, this was the lowest
Silver 28,597.5 1,054,009.5 -97.29% price recorded for the day. It moved higher to touch an intra-day
Crude 33,928.5 931,779.3 -96.36% high of 5149. It ended the day with modest gains to close at 5136.
Source – MCX The Stochastic has moved above its average. Moreover, the RSI is
already placed above its average. These positive conditions, would
Global Market (Nymex - $) lead to buying support. The ADX line and +DI line are placed
14/01/2013 12/01/2013 % Chg. above the 30 level, indicating buyers have an upper hand. It faces
resistance at 5157, 5300 and 5476, while the supports are placed
Gold (oz) 1,665.20 1,660.30 0.30%
at 5126, 5085, 4989, 4788 and 4755.
Silver (oz) 30.66 30.41 0.82%
Sanjay Bhatia (AVP – Technical Research)
WTI Crude (bbl) 94.16 93.56 0.64%
Email sanjay@keynotecapitals.net Yahoo Id: keytechnicals@yahoo.in
Brent Crude (bbl) 110.99 110.64 0.32%
NOTE – Stop Losses should be considered strictly on Closing
Dollar Index 79.38 79.55 -0.21%
Basis
Source – www.cmegroup.com
Keynote Capitals Ltd.
The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
www.keynotecapitals.com

2. Commodity News:
Gold, silver slip on subdued demand
Gold prices fell at the domestic bullion market today due to poor demand from stockists amid sluggish local buying
interest. Silver also slumped on the back of heavy speculative unwinding. Standard gold of 99.5 per cent purity slid by
Rs 80 to conclude at Rs 30,430 per 10 grams from overnight closing level of Rs 30,510.
Sugar futures fall on sluggish demand
Sugar prices fell by 0.37 per cent to Rs 3,190 per quintal in futures trading today as speculators offloaded their
positions, taking negative cues from spot market on sluggish demand against adequate supplies. At the National
Commodity and Derivatives Exchange, Sugar for delivery in January declined by Rs 12, or 0.37 per cent, to Rs 3,190
per quintal with an open interest of 9,630 lots.
Copper futures prices marginally down
Copper futures prices today declined by 0.20 per cent to Rs 452.25 per kg, as speculators locked-in gains after recent
gains, even as metal strengthened in global markets. At the Multi Commodity Exchange, Copper for delivery in April
declined by 90 paise, or 0.20 per cent, to Rs 452.25 per kg in business turnover of 107 lots. Similarly, the metal for
delivery in February fell by 25 paise, or 0.19 per cent, to Rs 447.95 per kg in 1,698 lots.
Source: ET
Economic Calendar:
Countries / Monday Tuesday Wednesday
Regions 14/13 15/13 16/13
India WPI Inflation (Dec)
Producer Price Index (YoY) Consumer Price Index (YoY)
US Fed's Evans Speech
(Dec) (Dec)
Industrial Production (MoM)
Retail Sales (MoM) (Dec)
(Dec)
Euro Industrial Production UK RICS Housing Price Euro Consumer Price Index -
Global
w.d.a. (YoY) (Nov) Balance (Dec) Core (YoY) (Dec)
Germany Gross Domestic
Product n.s.a (YoY)
UK Consumer Price Index
(YoY) (Dec)
Keynote Capitals Ltd.
The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
www.keynotecapitals.com

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