Base metals closed mostly lower on the London Metal Exchange due to a stronger US dollar and cautious sentiment ahead of the US presidential election. Gold and silver prices rebounded after falling last weekend due to good local buying interest amid festivals and weddings in India. The daily commodity report provided closing prices and analysis for various commodities, along with recommendations to buy zinc and gold futures. Charts of daily gold and silver prices on the MCX showed bullish trends, with a strategy to buy on dips.
DAILY COMMODITY REPORT BY EPIC RESEARCH- 17 OCTOBER 2012Epic Research
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DAILY COMMODITY REPORT BY EPIC RESEARCH- 29 OCTOBER 2012 Epic Research
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DAILY COMMODITY REPORT BY EPIC RESEARCH- 26 DECEMBER 2012Epic Research
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DAILY COMMODITY REPORT BY EPIC RESEARCH- 17 OCTOBER 2012Epic Research
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Currency Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack NCDEX Tips and Free Stock Tips. We provide services in equity, commodity and Forex market.
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DAILY COMMODITY REPORT BY EPIC RESEARCH- 26 DECEMBER 2012Epic Research
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DAILY COMMODITY REPORT BY EPIC RESEARCH- 31 OCTOBER 2012Epic Research
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DAILY COMMODITY REPORT BY EPIC RESEARCH- 5 NOVEMBER 2012 Epic Research
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DAILY COMMODITY REPORT BY EPIC RESEARCH- 15 OCTOBER 2012Epic Research
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DAILY COMMODITY REPORT BY EPIC RESEARCH- 15 OCTOBER 2012Epic Research
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DAILY COMMODITY REPORT BY EPIC RESEARCH- 25 OCTOBER 2012Epic Research
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Similar to DAILY COMMODITY REPORT BY EPIC RESEARCH-06 NOVEMBER 2012 (20)
2. HEADLINES
Base metals close mainly lower.
BASE metals have closed mostly lower on the London
Metal Exchange (LME), pressured in part by a stronger
US dollar, and ahead of the outcome of the US
presidential election. A stronger US dollar and a
downbeat tone in the wider financial markets exerted
TRADING TIP: some downward pressure on base metal prices
Monday. Since the metals are denominated in US
Buy Zinc Nov dollars, their appeal to other currency holders tends to
be dented when the greenback gains. The metals' wide
Above 100.50
use in manufacturing and construction also makes
TGTS-101/101.80 them sensitive to broader market sentiment.
SL-100 Gold, silver rebound on seasonal off-take.
Gold and silver prices rebounded smartly at the
domestic bullion market here today on firm buying by
traders and speculators on the back of good local
buying interest amid wedding as well as advancing
festivals. Good buying was observed after last
weekend's substantial fall and it is expected to peak in
Buy Gold Dec
the coming days owing to the festive season
Above 30920
TGTS- 30960/31020
SL-30870
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