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COMEX
    REPORT



  REPORT
    16 FEBRUARY 2013
     tH
NEWS RADAR
Gold slipped to a five-month low Thursday as data showing a drop in
demand last year underlined investor caution toward the precious
metal.The most actively traded gold contract, for April delivery, fell
$9.60, or 0.6%, to settle at $1,635.50 a troy ounce on the Comex
division of the New York Mercantile Exchange, the lowest settlement
since Aug. 20.Investor demand for gold in coins, bars and exchange-
traded funds fell 10% in 2012 from the previous year, the gold mining-
company funded World Gold Council said in a closely watched quarterly
report. Total global demand fell 0.4% during the year, to 4,405.5 metric
tons, the first decline since 2009.India was the real factor in the
decline," WGC investment managing director Marcus Grubb said in an
interview. Increased taxes on gold imports and large jewelry items
limited buying from the top consumer.

Indian government officials have tried to limit the imports of gold to the
country, a major contributor to the country's trade deficit. The
      TRADING TIPS                            EXPERT OPINION
government last month increased the import tax on gold to 6%, from
4%. BUY GOLD AROUND 1630
                                            GOLD LOOKS BULLISH
     TGS 1636/1642 SL 1624                  SILVER LOOKS BULLISH
   BUY SILVER AROUND 30.25                 CRUDE OIL LOOKS BULLISH

     TGS 30.45/30.65 SL 30.05                 COPPER LOOKS BULLISH
   BUY COPPER AROUND                       NGAS LOOKS BEARISH
     3.7350 TGS 3.7550/3.7750               LEAD LOOKS BEARISH
     SL 3.7150                              NICKEL LOOKS BEARISH
   BUY CRUDE ABOVE 96.95                   ALUMINIUM LOOKS BULLISH
     TGS 97.35/96.75 SL 96.55               ZINC LOOKS BEARISH
GOLD HOURLY CHART




S1            S2             R1             R2
1621         1615           1633           1639


        GOLD LOOKS BULLISH BUY AROUND 1630.00
       LEVEL IS SUGGESTED AND RECOMMENDED TO
          BOOK PROFIT NEAR 1636.00 LEVEL AND
                MAINTAINING SL OF 1624.00
SILVER HOURLY CHART




 S1               S2              R1              R2
29.91           29.61            30.51           30.81



        SILVER LOOKS BULLISH BUY AROUND 30.25 LEVEL
          IS SUGGESTED AND RECOMMENDED TO BOOK
         PROFIT NEAR 30.45 LEVEL AND MAINTAINING SL
                           OF 30.05
COPPER HOURLY CHART




 S1             S2               R1             R2
3.7108        3.6908          3.7508          3.7708



         COPPER LOOKS BULLISH BUY ABOVE 3.7350 LEVEL
          IS SUGGESTED AND RECOMMENDED TO BOOK
         PROFIT NEAR 3.7550 LEVEL AND MAINTAINING SL
                          OF 3.7150

                             0
CRUDE OIL HOURLY CHART




 S1             S2              R1              R2
96.40          96.00           97.20           97.60


        CRUDE LOOKS BULLISH BUY AROUND 96.95 LEVEL
          IS SUGGESTED AND RECOMMENDED TO BOOK
         PROFIT NEAR 97.35 LEVEL AND MAINTAINING SL
                           OF 96.65
MARKET STATISTICS

                  OPEN       HIGH            LOW              CLOSE
  GOLD         1642.22      1649.79         1632.62          1635.35
 SILVER           30.75      31.04           30.21            30.44

  CRUDE           97.15      97.68           96.76            97.33

 COPPER           3.7338     3.7428          3.7190           3.7353

  NGAS            3.292      3.305           3.131            3.165

ALUMINIUM      2141.38      2165.26         2139.76          2151.13

  LEAD         2407.75      2423.63         2400.63          2409.75
 NICKEL       18392.50      18446.50        18194.00         18255.00


                   ECONOMIC CALENDAR


 DATE     CURRENCY                                     FORECAST   PREVIOUS

Feb 16      ALL              G20 Meetings
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COMEX Gold Falls on Weaker Demand Outlook

  • 1. COMEX REPORT REPORT 16 FEBRUARY 2013 tH
  • 2. NEWS RADAR Gold slipped to a five-month low Thursday as data showing a drop in demand last year underlined investor caution toward the precious metal.The most actively traded gold contract, for April delivery, fell $9.60, or 0.6%, to settle at $1,635.50 a troy ounce on the Comex division of the New York Mercantile Exchange, the lowest settlement since Aug. 20.Investor demand for gold in coins, bars and exchange- traded funds fell 10% in 2012 from the previous year, the gold mining- company funded World Gold Council said in a closely watched quarterly report. Total global demand fell 0.4% during the year, to 4,405.5 metric tons, the first decline since 2009.India was the real factor in the decline," WGC investment managing director Marcus Grubb said in an interview. Increased taxes on gold imports and large jewelry items limited buying from the top consumer. Indian government officials have tried to limit the imports of gold to the country, a major contributor to the country's trade deficit. The TRADING TIPS EXPERT OPINION government last month increased the import tax on gold to 6%, from 4%. BUY GOLD AROUND 1630   GOLD LOOKS BULLISH TGS 1636/1642 SL 1624  SILVER LOOKS BULLISH  BUY SILVER AROUND 30.25  CRUDE OIL LOOKS BULLISH TGS 30.45/30.65 SL 30.05  COPPER LOOKS BULLISH  BUY COPPER AROUND  NGAS LOOKS BEARISH 3.7350 TGS 3.7550/3.7750  LEAD LOOKS BEARISH SL 3.7150  NICKEL LOOKS BEARISH  BUY CRUDE ABOVE 96.95  ALUMINIUM LOOKS BULLISH TGS 97.35/96.75 SL 96.55  ZINC LOOKS BEARISH
  • 3. GOLD HOURLY CHART S1 S2 R1 R2 1621 1615 1633 1639 GOLD LOOKS BULLISH BUY AROUND 1630.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1636.00 LEVEL AND MAINTAINING SL OF 1624.00
  • 4. SILVER HOURLY CHART S1 S2 R1 R2 29.91 29.61 30.51 30.81 SILVER LOOKS BULLISH BUY AROUND 30.25 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 30.45 LEVEL AND MAINTAINING SL OF 30.05
  • 5. COPPER HOURLY CHART S1 S2 R1 R2 3.7108 3.6908 3.7508 3.7708 COPPER LOOKS BULLISH BUY ABOVE 3.7350 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.7550 LEVEL AND MAINTAINING SL OF 3.7150 0
  • 6. CRUDE OIL HOURLY CHART S1 S2 R1 R2 96.40 96.00 97.20 97.60 CRUDE LOOKS BULLISH BUY AROUND 96.95 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 97.35 LEVEL AND MAINTAINING SL OF 96.65
  • 7. MARKET STATISTICS OPEN HIGH LOW CLOSE GOLD 1642.22 1649.79 1632.62 1635.35 SILVER 30.75 31.04 30.21 30.44 CRUDE 97.15 97.68 96.76 97.33 COPPER 3.7338 3.7428 3.7190 3.7353 NGAS 3.292 3.305 3.131 3.165 ALUMINIUM 2141.38 2165.26 2139.76 2151.13 LEAD 2407.75 2423.63 2400.63 2409.75 NICKEL 18392.50 18446.50 18194.00 18255.00 ECONOMIC CALENDAR DATE CURRENCY FORECAST PREVIOUS Feb 16 ALL G20 Meetings
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