Your SlideShare is downloading. ×
0
Commodity Market -Analysis & Updates
Commodity Market -Analysis & Updates
Commodity Market -Analysis & Updates
Commodity Market -Analysis & Updates
Commodity Market -Analysis & Updates
Commodity Market -Analysis & Updates
Commodity Market -Analysis & Updates
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

Commodity Market -Analysis & Updates

233

Published on

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
233
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
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. Bullions • Gold futures declined for a second day as military and political tensions on the Korean peninsula drove the dollar to a two-month high, eroding demand for the metal. • Geopolitical risks on the Korean peninsula, speculators prefer to put money into the dollar rather than a traditional safe haven like gold. • The Dollar Index, which tracks the currency’s value against six counterparts, rose as much as 0.4 percent to 80.652, the highest since Sept. 21. • Gold for February delivery dropped 0.2 percent on the Comex. Bullion has gained 24 percent this year. how was the performance of bullions today?
  • 2. Bullions (Contd..) • The Shanghai Futures Exchange will increase margins on gold after the market closes today to curb speculation and restrain quickening inflation. • Silver for immediate delivery fell 0.3 percent to $26.64 an ounce after losing 3.2 percent on Nov. 26.
  • 3. Crude oil. • Oil climbed, trading near the highest in 10 days, on speculation steps to quell Europe’s debt crisis will help stabilize the economy and boost fuel demand. • Futures rose as much as 0.8 percent after European governments and the International Monetary Fund extended an aid- package to debt-strapped Ireland. • The January contract climbed as much as 70 cents to $84.46 a barrel in electronic trading on the New York Mercantile Exchange. Prices are up 6.1 percent this year. What was the trend in the Crude?
  • 4. Crude oil(Contd..) • Traders are increasing bets on speculation of oil reaching $100 next year on signs of falling inventories and a reduction in spare output capacity. • The underlying economic picture is still positive and good economic growth is expected because of quantitative easing and accelerating growth in emerging markets.
  • 5. Base metals. • Copper gained after Europe agreed to a bailout for Ireland, outweighing tensions on the Korea Peninsula. • The Copper for three-month delivery rose as much as 1.4 percent on the London Metal Exchange. • The Shanghai Futures Exchange will start to increase margins after the market closes today. How was the trading sentiment in the base metals today?
  • 6. Base metals (Contd..) • The latest measure seemed to have damped market participants’ trading interest. • In LME Zinc rose by 2.2 percent, Aluminum gained 0.4 percent, lead added 1.2 percent, nickel advanced 1.2. Tin increased 0.4 percent.

×