Your SlideShare is downloading. ×
Daily comex research report by epic research for 25 june 2014
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Daily comex research report by epic research for 25 june 2014

137
views

Published on

Epic Research Pvt. ltd. is a leading financial services provider with presence in Indian and other global capital markets.

Epic Research Pvt. ltd. is a leading financial services provider with presence in Indian and other global capital markets.

Published in: Business, Economy & Finance

0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
137
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
0
Comments
0
Likes
1
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Our Presence Epic Research India HNI & NRI Sales Contact USA Toll Free Number 411 Milinda Manor (Suites 409-425) 2117 Arbor Vista Dr. Charlotte (NC) 1-800-200-9454 2 RNT Marg. Opp Central Mall Cell: +1 704 249 2315 All queries should be directed to Indore (M.P.) Info@epicresearch.co Hotline: +91 731 6642300 HNI & NRI Sales Contact Australia Or give us a missed call at Mintara Road, Tarneit, Victoria, Post Code 3029 026 5309 0639 Phone: +61 422 063855 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY COMEX COMMODITY REPORT 25th JUNE-2014
  • 2. PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1321.30 2.90 0.22% AUG-14 GOLD SPOT USD/T OZ. 1317.96 0.79 0.06% N/A COMEX SILVER USD/T OZ. 20.96 0.08 0.38% SEP-14 SILVER SPOT USD/T OZ. 20.89 0.02 0.10% N/A COMEX COPPER USD/LB. 3.1420 -0.0050 -0.16% SEP-14 PALTINUM SPOT USD/T OZ. 1467.75 13.00 0.89% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 106.03 -0.14 -0.13% AUG-14 CRUDE OIL(BRENT) USD/BBL. 114.46 0.34 0.30% AUG-14 NY. NATURAL GAS USD/MMBTU 4.556 0.088 1.97% AUG-14 NY. HEATING OIL USD/GAL. 304.90 0.85 0.28% AUG-14 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY MARKET OUTLOOK 25th JUNE-2014
  • 3. COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(AUG-14) 1308.70 1315.00 1320.80 1327.10 1332.90 SILVER(SEP-14) 20.65 20.81 21.01 21.17 21.37 WTICRUDEOIL(AUG-14) 104.70 105.37 105.91 106.58 107.12 NATURALGAS(AUG-14) 4.405 4.480 4.529 4.604 4.653 COPPER(SEP-14) 3.1153 3.1287 3.1393 3.1527 3.1633 LME BASE METALS OFFICIAL CASH PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1858.50 1.50 0.08% ALUMINIUM -5150 COPPER 6898.50 2.50 -0.04% COPPER -850 LEAD 2160.00 23.00 1.08% LEAD -50 ZINC 2182.50 -0.50 -0.02% ZINC -2075 NICKEL 18150.00 -270.00 -1.47% NICKEL 786 TIN 22550.00 -120.00 -0.53% TIN UNCHANGED YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY SUPPORT & RESISTANCE 25th JUNE-2014
  • 4. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 INTERNATIONAL COMMODITY NEWS 25th JUNE-2014 • Gold prices eased in Asia early Wednesday on profit-taking, but remain well supported on the civil strife in Iraq. Overnight, gold futures rose on fears the ongoing Iraqi insurgency will escalate, threaten U.S. recovery by dragging Washington deeper into the crisis and weaken the dollar, which trades inversely from the precious metal. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1,319.70 a troy ounce, down 0.12%, after hitting an overnight session low of $1,314.60 and off a high of $1,326.60. • Silver for September delivery was down 0.58% at $21.975 a troy ounce. Copper futures for September delivery were up 0.10% at $3.144 a pound. • Crude oil prices gained smartly in Asia on Wednesday on Iraq tension, shrugging off an industry report that showed a solid gain in U.S. crude stocks. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in August traded at $107.11 a barrel, up 1.01%, after hitting an overnight session low of $105.28 a barrel and a high of $106.46 a barrel. • Brent oil on the ICE futures exchange rose 0.3% to $114.46 a barrel with the spread with West Texas Intermediate widening by 48 cents to $8.43 a barrel. • Natural gas futures bounced higher on Tuesday after bottom fishers snapped up nicely-priced positions on the notion that a break in a heat wave that could curb demand for air conditioning could be short-lived. On the New York Mercantile Exchange, natural gas futures for delivery in August traded at $4.529 per million British thermal units during U.S. trading, up 1.35%. The commodity hit a session high of $4.534 and a low of $4.453. The August contract settled down 1.85% on Monday to end at $4.468 per million British thermal units. • Base metals settled for mixed price trends during Tuesday's LME pre-market session, generally consolidating after the previous's days more definitive pattern, when several set multi-week highs as short-term sentiment picked up. The copper price, which hit $6,900 on Monday, was trading at a comfortable $6,879, down a modest $6 from the previous close. In warehouse stocks data, inventories fell a net 850 tonnes to 157,725 tonnes, the lowest again since August 2008. The aluminium price was again holding station under $1,900, trading at $1,891, up $1. Inventories dropped 5,150 tonnes to a new 18-month low of 5,072,125 tonnes. There was a big 88,625-tonne jump in cancelled warrants to 3,032,500 tonnes, the highest level ever. The zinc price was hovering not far off the $2,200 level, trading at $2,191, up $7, with stocks falling 2,075 tonnes to 671,250 tonnes, a fresh low since December 2010. Sister metal lead held at $2,182, a $5 advance, with a modest 50-tonne fall in inventories to 192,525 tonnes. The nickel price drifted to $18,219 from a previous $18,425, with stocks climbing 786 tonnes to 305,388 tonnes, close to recent all-time highs of 305,970 tonnes. Tin business at $22,500 was a mere $25 lower, with stocks unchanged at 10,845 tonnes.
  • 5. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 EPIC DAILY TOP PICKS 25th JUNE-2014 GOLD-COMEXS DAILY CANDLESTICK CHART TRADING STRATEGY : GOLD-COMEX has closed @ 1311.76. If it breaks the level of 1309, it can touch the level of 1302 & 1292 respectively. If it sustain above the level of 1326, it can touch the level of 1333, 1343 respectively. SELL GOLD-COMEX BELOW 1309 TGTS 1302, 1292 SL 1319. BUY GOLD-COMEX ABOVE 1326 TGTS 1333, 1343 SL 1316.
  • 6. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 TODAY'S ECONOMIC EVENTS 25th JUNE-2014
  • 7. The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Research Analyst : Nilesh Jain YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DISCLAIMER

×