Commodities Market Summary
|
Gold was poised to
advance for the first time in three days as some investors made purchases after
prices dropped the most in three months yesterday. Spot gold was little changed
at $1,736.80 an ounce at 9:26 a.m. in Singapore. The metal tumbled as much as
1.5 percent yesterday, the most since July, to a one-month low of $1,728.85.
The metal for December delivery was also little changed at $1,738 an ounce on
the Comex in New York. Brent oil’s premium to crude traded in New York rose to
the highest level in a year amid concern supplies from the North Sea and the
Middle East will be disrupted and speculation U.S. stockpiles are increasing.
Brent in London climbed to $24.04 a barrel more than West Texas Intermediate
oil as WTI remained little changed near a three-day low. The European Union
tightened sanctions on Iran’s energy exports, while Nexen Inc. declined to give
a specific date for the resumption of its Buzzard field in the North Sea after
maintenance.
Levels for the Day
|
Name
|
RES2
|
RES1
|
S/R
|
SUP1
|
SUP2
|
RECOMMENDATION
|
|
ALUMINIUM (31OCT12)
|
105.6
|
104.9
|
104.3
|
103.6
|
103.0
|
|
|
COPPER
(30NOV12)
|
437.6
|
436.1
|
434.1
|
432.6
|
430.6
|
Sell at 433/34 SL 437 TGT 428/425
|
|
CRUDEOIL (19OCT12)
|
4938
|
4885
|
4835
|
4782
|
4732
|
|
|
GOLD
(05DEC12)
|
31356
|
31167
|
31061
|
30872
|
30766
|
|
|
SILVER
(05DEC12)
|
61502
|
60731
|
60294
|
59523
|
59086
|
|
|
LEAD
(31OCT12)
|
114.4
|
113.3
|
112.5
|
111.4
|
110.6
|
|
|
NATURALGAS (26OCT12)
|
194.2
|
189.8
|
186.8
|
182.4
|
179.4
|
|
|
NICKEL
(31OCT12)
|
927.8
|
920.1
|
910.8
|
903.1
|
893.8
|
|
|
ZINC
(31OCT12)
|
102.3
|
101.4
|
100.7
|
99.8
|
99.1
|
|
|
16th Oct 2012 (Time – IST)
14:00 GBP Consumer Price Index (YoY) (SEP)
14:00 GBP Core Consumer Price Index (YoY) (SEP)
14:30 EUR Euro-Zone Consumer Price Index - Core (YoY)
14:30 EUR Euro-Zone Consumer Price Index (YoY) (SEP)
14:30 EUR German ZEW Survey (Economic Sentiment) (OCT)
14:30 EUR Euro-Zone ZEW Survey (Economic Sentiment) (OCT)
No comments:
Post a Comment