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1. DAILY COMMODITY REPORT
19th DECEMBER 2013
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2. DAILY MARKET WRAPUP
19th DECEMBER 2013
COMMODITY
CONTRACT
OPEN PRICE
HIGH
LOW
CLOSE PRICE
%CHANGE
OI (in lots)
GOLD
05 FEB 2014
28735.00
28920.00
28672.00
28868.00
+0.31
8687
SILVER
05 MAR 2014
44875.00
45475.00
44794.00
45348.00
+0.96
8452
CRUDE
20 JAN. 2013
6065.00
6137.00
6059.00
6114.00
+0.86
9643
NATURAL GAS
26 DEC 2013
263.60
269.00
263.60
266.40
+0.87
13326
COPPER
28 FEB 2014
458.10
461.80
457.20
461.50
+0.45
14511
NICKEL
31 DEC 2013
869.30
879.50
869.00
877.80
+0.99
4787
LEAD
31 DEC 2013
133.00
134.50
133.00
134.35
+0.90
3164
ZINC
31 DEC 2013
123.00
124.50
122.80
123.60
+0.45
4179
ALUMINIUM
31 DEC 2013
109.00
110.10
108.70
109.95
+0.83
1826
LME WAREHOUSE STOCKS (18- DEC- 2013)
METAL
ALUMINIUM
-7500
COPPER
-1600
LEAD
-1050
NICKEL
-306
TIN
-105
ZINC
YOUR MINTVISORY
TONNES IN STORAGE
-4475
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3. INTERNATIONAL MARKETS
19th DECEMBER 2013
PRECIOUS AND INDUSTRY METALS
COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
COMEX GOLD
USD/T OZ.
1,218.80
-16.20
-1.31%
FEB 14
GOLD SPOT
USD/T OZ.
1,219.63
+1.10
+0.09%
N/A
COMEX SILVER
USD/T OZ.
19.49
-0.57
-2.86%
MAR 14
COMEX COPPER
USD/LB.
330.45
-1.45
-0.44%
MAR 14
PLATINUM SPOT
USD/T OZ.
1,339.18
+3.78
+0.28%
N/A
ENERGY COMMODITY FUTURES
COMMODITY
UNITS
PRICE
CHANGE
% CHANGE
CONTRACT
CRUDE OIL (WTI)
USD/BBL.
97.75
-0.05
-0.05%
JAN 14
CRUDE OIL (BRENT)
USD/BBL.
109.37
-0.26
-0.24%
FEB 14
RBOB GASOLINE
USD/GAL.
269.70
-0.03
-0.01%
JAN 14
NYMEX NATURAL GAS
USD/MMBTU
4.30
+0.05
+1.13%
JAN 14
NYMEX HEATING OIL
USD/GAL.
300.64
-0.37
-0.12%
JAN 14
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4. INTRADAY SUPPORT AND RESISTANCE
19th DECEMBER 2013
COMMODITY
EXPIRY
SUP.3
SUP.2
SUP.1
PIVOT
RES.1
RES.2
RES.3
ALUMINIUM
31-DEC
107.27
107.98
108.42
109.13
109.57
110.28
110.72
COPPER
28-FEB
452.63
455.37
456.98
459.72
461.33
464.07
465.68
CRUDEOIL
20-JAN
5956
5998
6024
6066
6092
6134
6160
GOLD
5-FEB
28202
28422
28550
28770
28898
29118
29246
LEAD
31-DEC
130.30
131.50
132.20
133.40
134.10
135.30
136.00
NATURALGAS
26-DEC
252.93
256.47
260.03
263.57
267.13
270.67
274.23
NICKEL
31-DEC
852.8
858.6
863.3
869.1
873.8
879.6
884.3
SILVER
5-MAR
43285
43933
44333
44981
45381
46029
46429
ZINC
31-DEC
121.92
122.33
122.62
123.03
123.32
123.73
124.02
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5. MOST ACTIVE CONTRACTS
19th DECEMBER 2013
Symbol
Expiry Date
LTP
Value (In Lacs)
Volume (In Lots)
SILVERMICRO
28-02-2014
45178.00
2,60,93,45,746.00
57,757
NATURAL GAS
26-12-2013
265.90
1,36,83,214.00
51,460
CRUDE OIL
20-01-2014
6102.00
19,21,09,266.00
31,483
SILVER M
28-02-2014
45180.00
1,31,59,12,680.00
29,126
COPPER
28-02-2014
460.65
95,44,668.00
20,720
LEADMINI
31-12-2013
134.05
23,09,011.25
17,225
GOLD M
03-01-2014
29632.00
47,71,64,096.00
16,103
GOLD
05-02-2014
28768.00
45,24,34,336.00
15,727
COPPERMINI
28-02-2014
460.65
70,31,822.25
15,265
SILVER
05-03-2014
45162.00
67,13,78,292.00
14,866
YOUR MINTVISORY
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6. COMMODITY BUZZ AND ECONOMIC EVENTS
19th DECEMBER 2013
SPECIAL NEWS :
 Reserve Bank of India left repo rate unchanged at 7.75 percent and CRR at 4 percent of net demand and time liability
(NDTL), saying it was willing to wait for more inflation
data before taking an action.
COMMODITY BUZZ :
 Gold and Silver prices dropped as US Federal Reserve
Chairman Ben Bernanke announced the first cut in bond
buying activity at the end of the Federal Open Market
Committee Meet on Wednesday.

The US housing starts jumped nearly 23% in November to
a seasonally adjusted annual rate of 1.09 million, the highest rate since February 2008.


Fed tapers purchases by $10 bln a month, keeps rates low.
The central bank said it would reduce its monthly asset
purchases by $10 bln to $75 bln, while it also indicated
that its key interest rate would stay at rock bottom even
longer than previously promised. After months of agonizing, investors took the Fed's decision to trim its bond buying by $10 bln to $75 bn a month as a modest step and one
the U.S. economy could well withstand. Bernanke said that
US economy is now strong enough for start of tapering of
the massive bond-buying stimulus. The measures will be
gradually implemented so as to end QE3 by late 2014, if
the economy progresses as expected. The Fed tapering program is bearish for precious metals complex especially gold
while industrial metals and crude oil should gain on improved outlook for US economy.
Copper has been in a backwardation mode from the initiation of Dec. on the back of rising spot premiums. Although
discount in Copper has declined significantly in last few
days. The prices of three month Copper were at $ 7239 per
tone vs $ 7247 per tonne, which is the cash price.

Nickel prices have been rising as the traders are concerned
of the fate of the Nickel production after Indonesian ban
on unprocessed ores start from January 2014. World Nickel
demand so far in 2013 has improved relative to the same
period of 2012. With new nickel projects recently coming
on stream, Nickel production so far this year has increased
and will likely continue to increase in coming months.
World primary nickel production was 1.76 million tonnes
in 2012 and could reach 1.91 million tonnes in 2013.
World primary nickel usage was 1.66 million tonnes in
2012, and could approach 1.77 in 2013. For 2014 INSG estimates an increase to around 1.85 million tonnes.
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7. EPIC RESEARCH– ANALYST SPEAKS
19th DECEMBER 2013
SILVER MCX:
MCX SILVER march contract was closed at Rs 45348 up Rs 614, or 1.37 percent. The SILVER rate touched an intraday high of Rs
45475 and an intraday low of Rs 44794. 16967 contracts had been traded. Silver opened at morning with gap up and made day low. In
mid session silver traded in narrow range and made night high 45475 . After 11.00 p.m. more buying pressure had been in silver and it
will helpful to break the nearest resistance 45550.
BUY SILVER ABOVE 45550 TGTS 45750/46150 SL 45150
SELL SILVER BELOW 45200 TGTS 45000/44600 SL 45600
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8. EPIC RESEARCH– ANALYST SPEAKS
19th DECEMBER 2013
GOLD MCX:
MCX GOLD February contract was closed at Rs 28868 UP Rs 190 , or 0.66 percent. The GOLD rate touched an intraday high
of Rs 28920 and an intraday low of Rs 28672. 17266 contracts had been traded. Gold Price was taking support at 28640 and
traded in sideways range all day. In evening session gold price broke the nearest resistance of 28850 and made high of 28920.
BUY GOLD ABOVE 28950 TGTS 29030/29130 SL 28820
SELL GOLD BELOW 28620 TGTS 28540/28440 SL 28740
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9. TODAY’S ECONOMIC EVENTS
19th DECEMBER 2013
Time
Counrty
Event
Actual
Forecast Previous
THURSDAY, DECEMBER 19
00:30
USD
FOMC ECONOMIC PROJECTIONS
00:30
USD
FOMC STATEMENT
00:30
USD
INTEREST RATE DECISION
01:00
USD
FED CHAIRMAN BERNANKE SPEAKS
15:00
GBP
15:00
0.25%
0.25%
CORE RETAIL SALES (MOM)
0.3%
-0.6%
GBP
CORE RETAIL SALES (YOY)
2.5%
2.3%
15:00
GBP
RETAIL SALES (YOY)
2.3%
1.8%
15:00
GBP
RETAIL SALES (MOM)
0.3%
-0.7%
19:00
USD
FOMC MEMBER FISHER SPEAKS
19:00
USD
INITIAL JOBLESS CLAIMS
334K
368K
20:30
USD
EXISTING HOME SALES
5.03M
5.12M
20:30
USD
EXISTING HOME SALES (MOM)
-1.5%
-3.2%
20:30
USD
PHILADELPHIA FED MANUFACTURING INDEX
10.0
6.5
YOUR MINTVISORY
0.25%
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on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility.
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tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and
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the information given in this report, which is in violation of rules and regulations of NSE and BSE.
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