1. Daily Commodity Report
16th January 2013
Gold Silver Crude MCX GOLD (5 FEBRUARY 13) –
15-Jan-13
Gold opened higher at 30769 but moved marginally lower to touch
Expiry 5-Feb-13 5-Mar-13 21-Jan-13 an intra-day low of 30737. However, it managed to bounce back
Open 30,769 58,853 5,105 from lower levels to move. It touched an intra-day high of 30887. It
ended the day with modest gains to close at 30869.
High 30,887 59,580 5,148
Low 30,737 58,765 5,105 The RSI and the Stochastic have moved above their respective
averages, which would lead to buying support. The +DI line, the -DI
Close 30,869 59,459 5,131 line and ADX line are moving sideways, indicating a range bound
Prev. Close 30,740 58,743 5,101 trend. MCX Gold faces resistance at 30916, 31535, 31702 and
31790 while the support levels are placed at 30475, 30366, 30150
% Change 0.42% 1.22% 0.59%
and 29607.
Source – MCX
MCX SILVER (5 MARCH 13) –
Volume (In 000's) Silver opened higher at 58853 but moved marginally lower to touch
an intra-day low of 30737. However, it managed to bounce back
15-Jan-13 14-Jan-13 % Chg. from lower levels to move. It touched an intra-day high of 59580. It
Gold (gms) 30,463.0 24,432.0 24.68% ended the day with moderate gains to close at 59459.
Silver (kgs) 1,729.9 1,665.5 3.87% The Stochastic has moved above its average. Moreover, the RSI is
Crude (bbl) 15,155.7 19,228.1 -21.18%
placed above its average. These positive technical conditions
would lead to buying support. The +DI line, the -DI line and ADX
Source – MCX line are moving sideways, indicating a range bound trend. MCX
Silver faces resistance at 59483, 61484 and 63224 while the
Turnover (In Lacs) supports are placed at 57049, 56372 and 55952 levels.
15-Jan-13 14-Jan-13 % Chg.
MCX CRUDE (21 JANUARY 13) –
Gold 939,311.2 751,935.8 24.92% Crude opened higher at 5105. Incidentally, this was the lowest
price recorded for the day. It moved higher to touch an intra-day
Silver 1,023,343.3 976,373.5 4.81% high of 5148. It ended the day with moderate gains to close at
Crude 777,285.4 983,757.0 -20.99% 5131.
Source – MCX The Stochastic has moved above its average, which would lead to
buying support. However, the RSI is still placed below its averages,
Global Market (Nymex - $) which would lead to selling pressure. The +DI line, the -DI line and
16/01/2013 15/01/2013 % Chg. ADX line are moving sideways, indicating a range bound trend. It
faces resistance at 5157, 5300 and 5476, while the supports are
Gold (oz) 1,681.70 1,683.90 -0.13%
placed at 5126, 5085, 4989, 4788 and 4755.
Silver (oz) 31.40 31.53 -0.41%
Sanjay Bhatia (AVP – Technical Research)
WTI Crude (bbl) 93.58 93.28 0.32%
Email sanjay@keynotecapitals.net Yahoo Id: keytechnicals@yahoo.in
Brent Crude (bbl) 110.69 110.30 0.35%
NOTE – Stop Losses should be considered strictly on Closing
Dollar Index 79.72 79.77 -0.06%
Basis
Source – www.cmegroup.com
Keynote Capitals Ltd.
The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
www.keynotecapitals.com

2. Commodity News:
Oil steadies below $112 on US growth, debt hopes
Brent crude oil steadied under $112 per barrel on Tuesday on optimism that the euro zone economy may finally be
stabilising and that U.S. consumers are beginning to spend again after several years of belt tightening. Brent futures
are near the top of an $8 range seen over the last three months with investors encouraged by world economic trends,
despite some negative data suggesting downward risks for global oil demand and prices.
Gold, silver surge on firm demand
Gold prices recovered smartly at the domestic bullion market today on renewed off-take by stockists and investors on
the back of higher global cues. Silver also jumped on heavy speculative demand and higher industrial buying.
Standard gold of 99.5 per cent purity rose by Rs 140 to finish at Rs 30,540 per 10 gm from Monday's closing level of
Rs 30,400.
Rice basmati declines on sluggish demand
Prices of basmati rice fell up to Rs 200 per quintal in wholesale grain's market today owing to slackened demand
against adequate stocks position. However, bajra and barley found fresh buying support from consuming industries
and ended higher.
Source: ET
Economic Calendar:
Countries / Wednesday Thursday Friday
Regions 16/13 17/13 18/13
India
Reuters/Michigan
Consumer Price Index (YoY) Initial and Continuing
US Consumer Sentiment Index
(Dec) Jobless Claims (Jan 6)
(Jan)Preliminar
Industrial Production (MoM) American Petroleum
Housing Starts (MoM) (Dec)
(Dec) Institute Monthly Report
Euro Consumer Price Index China Gross Domestic
Global Euro ECB Monthly Report
- Core (YoY) (Dec) Product (QoQ) (Q4)
China Producer and Import UK Retail Sales ex-Fuel
Prices (MoM) (Dec) (YoY) (Dec)
Keynote Capitals Ltd.
The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. Tel: 3026 6000. Fax: 3026 6088.
www.keynotecapitals.com

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