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Our all commodity calls and updates are live and totally based on fundamental and technical research. We deal in all commodity like crude, base metal, precious metal along with agree commodity NCDEX

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MCX Metal updates, NCDEX Review

MCX Trend


Gold
On intraday basis, Spot Gold prices have support at $1298/$1287 whereas resistance is seen at $1319/$1330. Spot Silver prices shall find support at $21.49/$21.21 whereas resistance is seen at $22.00/$22.27 levels.


MCX October Gold has support at 19115/19025 whereas resistance is seen at 19270/19355. MCX December Silver shall find support at 32800/32540 whereas resistance is seen at 32700/32820 levels.


Copper

Copper prices will trade with a positive bias today with immediate support for MCX November contract seen at Rs.358.00 Further below; crucial support is seen at 355.00 levels. Whereas resistance is seen at Rs. 363.00 levels & further  upwards at Rs. 365.00 levels.


Zinc

Zinc prices will also trade with a positive bias today with immediate support seen at Rs.97.40 level for MCX September contract whereas crucial support is seen at Rs.96.00 level. Short-term resistance is seen at Rs.99.40 whereas major resistance is seen at Rs 100.00 levels.

NCDEX Trend

Guar
Guar seed output is likely to rise this year due to increased acreage and a favorable monsoon season in the major producing states of Rajasthan, Gujarat, Haryana and Punjab. In the medium to long term (November onwards) prices will
take cues from the stocks of Guar with the stockists, demand from the overseas buyers and the pace of arrivals of Guar crop.


Chana
In long term (December onwards), bumper crop of Chana in the year 2009-2010 coupled with good carryover stocks will resist prices from trading higher. Prices will also take cues from price quotes of other major pulses. Spread between October and November contract is at Rs. 46 as compared to Rs.36 per qtl.

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MCX NEWS, NCDEX NEWS

MCX- Gold On High Level
Gold futures traded on New York touched a new record peak on Wednesday, as persistent worries about the health of the key economies such as the US, Euro-zone and Japan continued to drive investors to safe havens like precious metals. Gold for immediate delivery climbed as much as 0.2% to an all-time high of US$1,312.25 an ounce before trading at US$1,310.75 an ounce at 2:01 p.m. in Seoul.

The Dollar Index, which tracks the US currency against its six main rivals, dropped to 78.838 today, the lowest level since Feb. 3. The US currency traded near a five-month low against the euro.

Gold futures for December delivery increased as much as 0.4% to a record US$1,313.50 an ounce in New York. The yellow metal for December delivery on the Shanghai Futures Exchange also surged to an all-time high of 283 yuan (US$42) a gram.

NCDEX Updates
India turmeric futures plunged further on sturdy crop progress of turmeric in the current season along with comfortable stocks in major mandies. Turmeric arrivals in the Nizamabad mandi surged to 500 bags from 400 bags and finger variety quoted at Rs 14,500 per 100 kg, down Rs 100 from the last close. The Erode arrivals slipped to 7,000 bags from 8,000 bags and quoted down by Rs 100 at Rs 14,700 per 100 kg.
NCDEX turmeric for the October delivery slumped by Rs 76 or 0.56 percent to the session low of Rs 13380 per 100 kg. The contract is currently trading at Rs 13418, down Rs 38 or 0.28 percent from the last close. The open interest added 4.63 percent to 9,715 tonnes, indicating short selling. Volume traded as of now stood at 2,535 tonnes.

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MCX Commodity Updates

MCX Review

MCX Gold futures are in a highly volatile mood today following a freakish sell off in the COMEX futures at the start of the London trades. Prices drifted down nearly $25per ounce from the previous close in response to the sharp up move in US dollar but then recovered in quick time. Currently, COMEX Gold futures for December are quoting at $1291.60, down $7 per ounce on the day. The prices went up above $1300 in last session, extending the recent series of lifetime highs. The WGC reported yesterday that major central banks and the International Monetary Fund over the past 12 months have reportedly sold the smallest amount of gold since an agreement to cap gold sales was put in place in 1999. The local Gold futures slipped under the critical Rs 19000 per 10-gram mark and recovered from a low of Rs 18960 per 10 grams. The counter quotes at Rs 19007, down Rs 72 or 0.38% on the day from the previous close. The more widely traded December futures are quoting.

Gold Trend
Spot Gold prices declined by 0.4% and are hovering around Rs 1289.40/oz till 3.45 pm IST. Despite weakness in the US Dollar Index (DX) the yellow metal
consolidated marginally today. On the Indian bourses, prices declined by 0.4%, touching an intra-day low of Rs.18,960. The European markets declined
sharply in the opening session but later pared losses after some positive economic updates from UK and the Euro zone. UK’s current account deficit narrowed to 7.4 billion pounds in the second quarter from the previous of 11.3 billion pounds deficit in the first quarter. UK’s GDP growth remained unchanged at 1.2% in the second quarter.

Copper Trend
Copper prices were trading on a flat note on the LME and were hovering at $7905/tonne till 3.45pm IST today. However, copper prices slipped marginally by
0.1% on the MCX platform, touching an intra-day low of Rs.356.80 till 3.45pm IST today. Copper prices were cushioned on the downside on the back of
sudden decline in the US Dollar Index (DX) in the afternoon trade. The DX was trading at 79.41 against a basket of six currencies till 3.45 pm IST. Copper
inventories on the LME fell by 2850 tonnes to reach at 375,275 tonnes today.

Crude Oil Trend
Crude oil prices declined by 0.7% on the Nymex today and were trading around $76.01/bbl till 3.45pm IST. Oil prices witnessed sharp declines mainly on the
back of weak sentiments in the financial markets which acted as a negative factor for the crude oil prices today. However, crude oil prices gained marginally
by 0.1% on the MCX and were hovering at Rs. 3451/bbl till 3.45pm IST. Crude oil prices witnessed gains on the domestic platform, due to depreciation in the
INR in today’s trading session.

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Live Market Data In MCX Commodity

Current Trend Of Gold Metal




 

 

 


Current Trend Of Silver

 


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Commodity MCX, Commodity NCDEX Updates - 27'Sep

MCX REVIEW

Spot gold prices started the week on a positive note, trialing slightly below $1300/oz in the afternoon trade. At 3.45 pm IST, the yellow metal prices were
trading at 1298/oz. However, gold prices on the MCX platform continued to trade in the red as the constant strength in the Indian Rupee exerted pressure on the yellow metal prices. Spot Rupee touched a high of 44.99 against the dollar in the afternoon trade today and was trading at 45.15 till 3.45 pm IST. In the last week as well, gold prices on the MCX had ended in the red because of the Rupee factor, despite prices gaining in the international markets.

Copper prices declined almost 1% on the LME and were trading at $7885/tonne till 3.45pm IST today. Inevitable profit booking at the higher levels exerted

pressure on the red metal prices. Copper prices have gained constantly in the last three weeks on the LME. On the MCX, copper prices extended losses today,
declining around 1.2%, because of the Rupee appreciation. Copper prices touched an intra-day low of Rs.358.70 till 3.45pm IST today. Inventories of the red metal on the LME fell by 2,100 tonnes to reach at 378,125 tonnes today. However, a simultaneous decline in cancelled warrants faded away the positive sentiment. Cancelled warrants- the metal booked for removal from the LME warehouse decreased by 1,650 tonnes today.

Crude oil prices gained marginally by 0.1% on the Nymex today and are hovering around $76.53/bbl till 3.45pm IST. The National Hurricane Center reported

that tropical storm Matthew has weakened and this factor capped sharp gains in the oil prices. However, the weakness in the US Dollar Index (DX) cushioned

crude oil prices. On the MCX, crude oil prices declined by 0.1% and were hovering at Rs. 3477/bbl till 3.45pm IST.


NCDEX REVIEW

Chana Review

Spread between October and November contract is at Rs. 42 as compared to Rs.36 per qtl. spot prices of Chana were quoted at premium due to improved demand amidst lower supplies. Heavy rains in North India have affected the arrivals in the last 3-4 days.


Black pepper

Spread between October and November contract is Rs.204 as compared to Rs.216 the previous day. Black Pepper prices in the international market slipped to $4,500-$4,600/tonne but still remains at premium whereas Indonesian is being offered lower at 4,250/tonne.

Today's Commodity Updates

Commodity News for Today

The spot prices of chana at Delhi mandi increased by Rs 25 in todays trading with the total arrivals of around 30 motors reported today. The prices of Delhi mandi were at Rs 2300 per quintal while Maharashtra chapa quality chana were quoting at Rs 2350 per quintal, up Rs 25 from previous day.
Buying was seen in chana future prices as the prices of October Benchmark contract added Rs 4 per quintal, trading at Rs 2257 per quintal in todays trading.
The trading was sluggish during the week and prices decreased at most of the origins with the exception of Sri Lankan price. In , slight improvement in trading activity was indicated in the Commodity Exchange, particularly for November contract. A slight drop was also observed in Lampung and . In , local prices were relatively stable, white fob prices decreased by 1%.

BLACK PEPPER:

The trading was sluggish during the week and prices decreased at most of the origins with the exception of Sri Lankan price. In , slight improvement in trading activity was indicated in the Commodity Exchange, particularly for November contract. A slight drop was also observed in Lampung and . In , local prices were relatively stable, white fob prices decreased by 1%.

WHITE PEPPER:

In , white pepper price decreased, by 3% after experiencing an increase during the last week. In , prices were stable both in local as well as fob. In dollar terms, the local price increased by 1%. In , local price was stable, while fob prices increased by 4%. A slight increase was also reported in .

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Live Commodity Updation

MCX Metal Updation

Gold futures in New York climbed above US$1,300 an ounce on Friday, while silver reached its highest price since 1980 in London, as global investors continued to seek refuge in the precious metals amid growing uncertainty about the economic recovery.

Gold for December delivery hit an intraday high of US$1,301.30 an ounce, breaking above the closely watched level of US$1,300. The contract rose US$3.20, or 0.2%, to US$1,299.50 an ounce in electronic trading on Globex.
On Thursday, December gold rose US$4.20 to end at US$1,296.30 an ounce on the Comex division of the New York Mercantile Exchange. That marked the latest in a string of closing record highs.
Spot gold added US$5.95, or 0.5%, to US$1,298.40 after earlier today reaching US$1,299.90. The US dollar today fell against its major rivals, with the dollar index down ~0.6% at 79.66. The euro rose by close to 1% to US$1.3441.
Silver for immediate delivery in London added as much as 1.4% to US$21.415 an ounce, the highest price since October 1980, and traded at US$21.3375 at 11:29 a.m. in London.

Silver futures for December delivery climbed as much as 1.1% to US$21.445 an ounce and last traded at US$21.375 on the Comex in New York.

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Commodity MCX, NCDEX Daily Updates

Mentha oil to futures scaled new pinnacle in todays trading spurred by receding stocks in major mandies accompanied with follows up buying by traders and speculators. The MCX September contract has staged the incessant gains in early trades and maintained its buoyancy throughout the day.The prices of MCX September benchmark were trading at Rs 848.50 per kg , up Rs 20 after hitting the new contract high of Rs 849.50 per kg today.

MCX Crude oil futures for October stayed lower today on the part of a strong Indian rupee. The global prices edged above $75 per barrel but the local futures failed even to make a landing in the green zone. The commodity slipped after recording an impressive turnaround in the last session. Crude oil futures on the GLOBEX rose in tune with eh weak US dollar though, breaking above $75 per barrel ahead of the floor trades. Light, sweet crude for November delivery settled 47 cents, or 0.6%, higher at $75.18 a barrel on the New York Mercantile Exchange yesterday, after falling as low as $73.58 earlier in the session. 

MCX Gold futures for October are quoting under Rs 19200 per 10 grams ahead of the start of the New York floor trades as a strong Indian rupee capped the upside for the counter even as the global prices surged to fresh highs. Gold futures advanced above the much talked about $1300 per ounce mark in Europe as the US dollar stayed pressed. 

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Fresh arrivals are increasing day by day in Madhya Pradesh, which is major producing state of soybean are in favor of bears.

Spread between NCDEX October and November contract is Rs 22.50 against previous day of Rs 15.50 per 100 Kg. CBOT December Soybean meal futures ended lower at $309.50/ton on Thursday, down $0.90/tonne as compared
to previous close. CBOT November soybean futures ended higher at $10.93/bushels on Thursday, up 5.00 cents/bushel as compared to previous close.

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MCX Metal updates, NCDEX Review

Spot Gold prices were trading around 1291/oz till 4.00 pm IST today, slightly below its all time high of $1296/oz touched in yesterday’s session. The yellow
metal prices were trading on a flat note in the afternoon trade today after posting strong gains in the last couple of sessions. On the MCX, gold prices gained around 0.2% around the same time as the Rupee depreciated for the first time in this week. This factor helped gold prices to extend gains on the Indian
exchanges.On the MCX platform, copper prices gained around 0.5% and the red metal prices were trading at 360.5/kg around the same time. The US Dollar Index (DX) gained for the first time in this week after falling below 80 against a basket of currencies in the previous session. The DX was trading at 80.14 at 4.00 pm IST. Euro zone Manufacturing PMI reported today indicated that the index fell to 53.6 in August from 55.1 in the previous month.
Crude oil prices declined around 0.8% on the Nymex today and are hovering around $74.09/bbl till 3.45pm IST. Oil prices are currently witnessing downside
disruption in oil exploring activities is unlikely. Moreover, concerns over slow economic growth have also kept the crude oil prices under pressure in thispressure on the back of increasing inventories in the US, a top consumer of the commodity. Moreover, the peak hurricane season is near its end and any week. 

Chana futures declined sharply during the last week on expectations of better Kharif Pulse crops and existing huge stocks of Chana in the domestic markets. Prices continued to trade lower on Tuesday due to huge selling pressure in the markets.
In long term (November onwards), bumper crop of Chana in the year 2009-2010 coupled with good carryover stocks will resist prices from trading higher. Prices will also take cues from price quotes of other major pulses. Steady to weak sentiments prevailed across major Spot markets of Chana due to sluggish trading activities. Chana futures ended negatively due to selling pressure amidst huge stocks of Chana in the domestic markets.

Daily arrivals of soybean were at 7,500 bags yesterday in Indore mandi (4000 bags new crops and 3500 bags old soybean) and 75,000 bags in M.P. (bag=100 kg). The US Department of Agriculture announced yesterday a sale of 225,000 tonnes of US soybeans to China, which is also added bullish market sentiments.
NCDEX October Soybean futures closed slightly higher on short covering after yesterday’s sharp fall. Spread between NCDEX October and November contract is Rs-15.50 against previous day of Rs -25.50 per 100 Kg.
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Daily Commodity Updates, Gold & Chana Review


MCX News
Gold prices - both in the spot and futures market - touched a new record high in the international market on Wednesday as investors continued to seek refuge in the precious metal after the Federal Reserve warned of deflation and a slowing recovery.
Gold for immediate delivery advanced to US$1,295 an ounce before trading at US$1,293 as against the previous close of US$1,287.Gold for December delivery hit an intraday high of US$1,295.80 an ounce in electronic trading on Globex. Gold had traded around US$1,273 an ounce on Globex before the Fed’s announcement in Washington on Tuesday afternoon. 
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NCDEX NEWS
Chana prices rose by Rs 13, to Rs 2,095 per quintal in futures trade today, as speculators enlarged their positions on rising demand in spot markets, driven by marriage and festive season.
At the Multi Commodity Exchange counter, chana for October-month contract rose by Rs 13, or 0.62 per cent, to Rs 2,095 per quintal, with a business volume of nine lots.
Traders said fresh positions created by speculators following rise in demand in the spot market for marriage and festive season mainly pushed up chana prices in futures trade.
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MCX Copper Review, Turmeric View

In last trade, Copper future ended in red at 354.15 per kilogram after testing high at 357.95 in intraday trades. In 1st trading session price maintained uptrend but due to profit booking on pick levels price dropped due to speculative activity. On Tuesday, at MCX counter Copper September delivery contract opened slightly lower at 353.55 gained by 0.05 percent with total volume 28908 lots. In morning trades, Copper price tracks metals prices and also dropped immensely from high levels.

Copper price quietly recovered after released of inventory at London Metal Exchange (LME). Today released inventory dropped by more than 2000 tons.

Turmeric future surges 2% on dim supply
Turmeric prices rose by Rs 266, or nearly 2 per cent, to Rs 12,500 per 100 kg in futures trade, as speculators enlarged their positions, driven by less supply and export enquiries.At the National Commodity and Derivatives Exchange counter, turmeric for delivery in November traded higher by Rs 266, or 2 per cent, to Rs 12,500 per 100 kg, while delivery in October contract shot up by Rs 256, or 1.95 per cent to Rs 12,862 per 100 kg. The spice for delivery in December month contracts also gained Rs 200, or 1.90 per cent, to Rs 11,802 per 100 kg. 

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Mcx Update With Gold & Silver Trend

MCX Stock Exchange Ltd, or MCX-SX, manages the risk of misplacing it’s on hand venture of currency derivatives trading if the capital market watchdogs does not transparent the exchange’s capital recasting and its diligence for dealing in equities.
The Securities and Exchange Board of India is anticipated to convey its judgment on both by 30 September. MCX-SX is endorsed by the Multi Commodity Exchange of India Ltd and Financial Technologies India Ltd.

Gold prices today fell by Rs. 50 to Rs. 19,350 per ten gram in the bullion market here on lack of buying support at existing higher levels. The gold of 99.9 and 99.5 per cent purity fell by Rs. 50 each at Rs. 19,350 and Rs. 19,250 per ten gram respectively while sovereign held unchanged at Rs. 15,200 per piece of eight gram in scattered small deals.

Silver, however, edged up by Rs. 20 to Rs. 32,670 per kg on buying by industrial units. Silver ready gained Rs. 20 to Rs. 32,670 per kg while weekly-based delivery declined by Rs. 15 to Rs. 32,260 per kg. Silver coins continued to be asked at previous levels of Rs. 35,100 for buying and Rs. 35,200 for selling of 100 pieces.

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MCX , NCDEX - Commodity Updates 17'SEP

Copper Trend
Copper ended on a positive note at 355.40 after a lack of proper direction in the price trend. Looking at the straight bull rally in the last week, copper future remains under pressure in the entire present week due to lack of volume and mixed macro economic outlook from China and USA.
On Friday, Copper September delivery contract opened slightly higher in morning trades at Multi Commodity Exchange (MCX) by 0.72 percent with total volume of 23360 lots.

Copper may fall further in the coming days on reversing earlier gains after advancing by the most in the last two weeks. Fundamentally, Copper seems to be strong as it’s heavily used in industry. But near term bearishness might keep Copper prices on limbo.

MCX – Gold Review
Gold demand remained weak for a fourth straight day on Friday in India, the world's biggest consumer, as buyers struggled to digest the bullion rally, bank dealers and jewellers said. Gold futures on Multi Commodity Exchange of India (MCX) were steady 19,171 rupees per 10 gram, after hitting a record high of 19,257 rupees earlier in the week. Traditionally, demand for gold in India remains strong during the September-November festival season. Dhanteras, considered auspicious day for buying gold, is in November. "For the last 3-4 days demand has been very weak.

NCDEX- Turmeric
NCDEX turmeric touched the upper circuit on Thursday lead by short covering and fresh buying. The October contract ended the last session higher by 3.77 percent at Rs 12262 after hitting the high of Rs 12290 per 100 kg. The open interest in the contract added 13.45 percent to 5,230 tonnes from 4,610 tonnes as on last day.

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MCX , NCDEX - Commodity Updates

Mcx Update
Earlier, the MCX had made it mandatory for traders to maintain a deposit worth at least 30 per cent of the value of futures contracts sought to be traded. The 20 per cent reduction in the margin applicable in turmeric contracts will come into effect from today, according to a circular issued by the exchange.

Experts said the deposit money for turmeric traders was reduced in the wake of sharp fall in turmeric futures prices. Turmeric futures prices have declined from a high of Rs 15,000 per quintal to Rs 11,800 per quintal in a span of three months.
MCX-SX on Thursday traded 40,32,061 USD-INR currency futures with a total value amounted to Rs.18,680.17 crore.

Out of which September contract traded 38,16,449 volumes while October contracts traded 1,86,402 volumes as against an RBI reference rate of 46.3000.
Best buying price was recorded for February contract at 47.1250 while lowest buying price was recorded for August contract with Rs 46.2075.
Best selling price was recorded for February 2011 contract at Rs 47.2500 while lowest selling price was recorded for August contract at Rs 46.2150.
Pepper futures for the benchmark October delivery on NCDEX ended the last session lower by 1.10 percent at Rs 20084 after hitting the low of Rs 19693 per 100 kg.

NCDEX Pepper Extends Looses
In today's early trading session, pepper for the October delivery slumped by another Rs 136 or 0.67 percent to the session low of Rs 19948 per 100 kg. The session high was Rs 20,208 and the counter is currently trading lower at Rs 20059, down Rs 25 from the last close. The open interest in the contract added 2.35 percent to 12,110 tonnes from 11,825 tonnes as on last day, indicating short selling. Volume traded as of now stood at 3,385 tonnes.

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MCX Update for the day

Central banks help gold rise
The shift marks a turnaround after heavy disposals by European central banks over the past 10 years, when gold was seen as a non-yielding unattractive asset. Monetary institutions then swapped their bullion for yielding sovereign debt.
Gold prices will hit $1500 by the end of the year or first half of 2011, and the yellow metals pricing at the bottom of the next bear market will be more than $1000 an ounce, Jeffrey Nichols said.

-The base metals market is quiet with thin trading as market movement is paused with players are waiting for fresh direction.

-There is some selling into rallies across the complex as profit taking kicks in. Zinc remained the top loser on LME with down by one and half percent, while nickel saw some buying and remained positive.

-Copper was struggling to hold above $7,600, trading at $7,590 per tonne, nearly one percent loss from the previous session. But inventories resumed their downtrend, falling a net 1,025 tonnes to 389,500 tonnes, the lowest since November 9, 2009.

-There was also a 21 percent jump in cancelled warrants to 27,675 tonnes.

-On the US front, core retail sales increased by 0.6% in August as against expectations of an increase by 0.3%. Sales increased for a second consecutive month in August.

-Copper has resistance of $7800 at LME and `356 in MCX with support lies at 352. And Zinc has support of 98.5 and resistance of 99.5.

-Nickel getting support at 1070 and resistance near 1085.

-Lead has support at 101.5 & resistance at 103 

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Commodity Market Update

Spot gold prices closed at $1244.55/oz on Monday.
14 September 2010 | Spot Gold prices ended on a flat note on Monday to close at $1244/oz. On the MCX platform, the yellow metal prices closed at Rs 18,861, slightly lower than its earlier close of Rs 18,864. Positive sentiments in the global financial markets capped gains in gold prices yesterday. Investors flocked towards the higher- yielding equities, decreasing demand for gold as a safe-haven investment. The SPDR gold holdings slipped to 1292.619 metric tonnes on September 13th from 1293.531 on September 10th.

Nymex crude oil prices closed at $77.19/bbl on Monday.
14 September 2010 | Crude oil prices touched an intra-day high of $78.04/bbl on Monday, before closing at $77.19/bbl. On the MCX platform, crude oil prices closed above Rs 3500/bbl, gaining around 1%.Crude oil prices will take cues from the inventory data to be released by the American Petroleum Institute (API) later in the evening today.

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Crude prices bounced back, surges by more than 2% on rise in risk appetite.

Crude prices rebounded on Wednesday after two straight days of decline and rose more than 2 percent, on getting strong manufacturing data from US and China, reviving risk appetite, also the dollar weakened against a basket of other currencies. Though the US Energy Information Administration (EIA) data showed crude oil stockpiles rose 3.43 million barrels last week, more than expected, but the US manufacturing sector grew faster than expected in August and relieved the concern about tepid oil demand.

Meanwhile in a survey, it was shown that OPEC crude oil supply fell in August to the lowest since November 2009 as reduced supplies from Nigeria, the United Arab Emirates and Iraq offset increased output in Angola.

Benchmark crude for October delivery rose $1.99, or 2.77 percent, to settle at $73.91, after trading in a range of $71.67 to $74.48 on the New York Mercantile Exchange. In London Brent crude for October rose $1.93 to $73.85 on the ICE.

Gold and Silver daily review.

MARKET ROUNDUP

U.S. gold futures rallied to a two-month high on Tuesday, as uncertainty about the economic recovery boosted the metal's appeal as an alternative investment.

IN FOCUS

- The world's largest gold-backed exchangetraded fund, SPDR Gold Trust, said its holdings rose to 1,302.508 tonnes by Aug. 31, from 1,298.556 tonnes on Aug. 27. The holdings hit a record at 1,320.436 tonnes on June 29.

- The world's largest silver-backed exchange-traded fund, the iShares Silver Trust, said its holdings stood at 9227.13 tonnes as of August 31, rose by 76.1 from the previous business day.

- Northgate Minerals Corp discovers fault offset of the Magdala and Golden Gift orebodies at its Stawell Gold Mine and says diamond drilling at its Stawell GoldMine has intersected a new zone of goldmineralization

- Jaguar Mining Inc announces first gold pour at caet. Reiterates its gold production target at new caeté operation will total approximately 20,000 ounces in Q4 2010

FUNDAMENTAL OUTLOOK

Precious metals prices edged lower on COMEX today. Our outlook in gold remains bullish on the back of uncertain economic outlook that is likely to drive the gold prices up. Buying at every dip should be the investor's strategy today.

MCX Tips provided by me are source of knowledge and trading strategies for its clients and visitors. Free Commodity tips benefits the traders from the Live Markets commodity calls provided by us, and thus make huge money from the strategies we provide them. FREE MCX Tips are also provided by us on a one two trial days basis for the visitors to our website. MCX Commodities are a great and huge source of profit from Indian commodities traders. There are various commodities being traded on these exchanges ranging from Gold, Silver, Copper, Crude, Nickel, Aluminum, Zinc, Lead, and many more. We provide Daily MCX Reports, Daily Gold Reports, Daily Silver Reports, Daily Copper Trend,Gold reports, Silver reports and Copper Reports, Technical/fundamental Reports on Gold, Silver, Copper, Aluminium,Zinc, Nickel, Crude Oil and Natural Gas with a host of Agri Commodities like Mentha Oil, Cardamom, Potato, Potato Tarkeshwar, Chana, Guarseed, Jeera, Pepper as well as Trading Calls for all commodities on MCX and NCDEX . Apart form Commodity We have other services for Intraday Stock Tips, Free Share Tips, Nifty Tips, Nifty Future Tips, Nifty Option Tips, Free Nifty Tips, Equity Tips, Stock Cash Tips, Free Trading Tips. Register Today to Get Free Trial Stock Commodity Trading tips for Intra-day, Short Term & Long Term Investment on Mobile from Today 23rd December to Tomorrow 24th December 2013.

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