The daily commodity report summarizes movements in gold, silver, and crude oil futures on the MCX exchange. It notes that gold and silver prices closed slightly higher while crude oil closed lower. The technical indicators point to a range-bound trend for all three commodities. The report also provides opening, high, low, and closing prices as well as previous day's close, percentage change, volumes and turnover.

1. Daily Commodity Report
26th October 2012
MCX GOLD (5 DECEMBER 12) –
Gold Silver Crude
(5 Dec-12) (5 Dec-12) (15 Nov-12) Gold opened higher at 30875. However, it failed to sustain higher
Open 30,875 59,151 4,650 and moved lower to touch an intra-day low of 31874. However, it
managed bounce back and moved higher and touched an intra-day
High 30,972 59,620 4,677
high of 31975. It ended the day with modest gains to close at
Low 30,851 59,151 4,610 30926.
Close 30,926 59,449 4,635 The RSI and the Stochastic are placed below their respective
Prev. Close 30,845 59,000 4,649 averages, which would lead to selling pressure. The ADX line, +DI
line and the -DI line are moving sideways, indicating a range bound
% Change 0.26% 0.76% -0.30%
trend. MCX Gold faces resistance at 31348, 31467, 31937, 32100,
Source – MCX 32393 and 32421 while the support levels are placed at 30837,
30428, 30340, 30179, 29668 and 28859.
Volume (In 000's)
MCX SILVER (5 DECEMBER 12) –
25-Oct-12 24-Oct-12 % Chg.
Gold (gms) 23,444.0 14,092.0 66.36%
Silver opened higher at 59151. Incidentally, this was the lowest
price recorded for the day. It managed to move higher and touched
Silver (kgs) 998.0 895.1 11.50% an intra-day high of 59620. It ended the day with moderate gains to
Crude (bbl) 19,483.6 18,612.4 4.68% close at 59449.
Source – MCX The Stochastic and the RSI have moved above their respective
averages, which would lead to buying support. The ADX line, the
Turnover (In Lacs) +DI line and the -DI line are moving sideways indicating a range
bound trend. MCX Silver faces resistance at 59512, 60750, 61398,
25-Oct-12 24-Oct-12 % Chg.
61912, 62273, and 64600 while the supports are placed at 56953
Gold 724,679.5 435,765.1 66.30% and 53621 levels.
Silver 592,981.4 529,975.9 11.89% MCX CRUDE (15 NOVEMBER 12) –
Crude 905,187.5 868,055.2 4.28%
Crude opened higher at 4650. It moved further higher and touched
Source – MCX an intra-day high of 4677. However, it failed to sustain higher and
moved lower to touch an intra-day low of 4610. It ended the day
Global Market (Nymex - $) with modest losses to close at 4635.
26/10/2012 25/10/2012 % Chg.
The RSI and the Stochastic are placed below their respective
Gold (oz) 1,707.60 1,713.00 -0.32% averages, which would lead to selling pressure. The ADX line is
moving higher, while the -DI line has fallen but still remains placed
Silver (oz) 31.87 32.08 -0.65%
above the 30 level, indicating sellers are covering shorts at regular
WTI Crude 85.53 86.05 -0.60% intervals. It faces resistance at 4692, 4760, 4892 and 4950 while
Brent Crude 107.87 108.49 -0.57% the supports are placed at 4603, 4578 and 4467.
Dollar Index 80.03 80.08 -0.06%
NOTE – Stop Losses should be considered strictly on Closing
Source – www.cmegroup.com Basis
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:
Brent rises towards $109 on positive economic data
Brent crude oil rose to around $109 per barrel on Thursday, consolidating after seven days of falls as better-than-
expected data suggested the world economy was recovering, but analysts said the overall outlook for oil prices was
bearish. The number of Americans filing new claims for unemployment benefits fell last week, in a sign that the labor
market of the world's top oil consumer is healing. Initial claims for state unemployment benefits dropped 23,000 to a
seasonally adjusted 369,000, the U.S. Labor Department said on Thursday.
Gold gains as dollar drops, Indian festivals may boost demand
Gold today climbed for the first time in three days on signs the start of festivals in India has boosted purchases as a
drop in the dollar may add to demand. The precious metal advanced by 0.8 per cent to USD 1,714.82 an ounce and
silver jumped 1.2 per cent to USD 32.14 an ounce. The festive season in India, the biggest buyer of gold, began with
Dussehra yesterday and ends in November with Diwali, followed by weddings. Indians traditionally buy gold during
these months. Gold yesterday declined below USD 1,700 an ounce for the first time since September 7 as the dollar
gained against the euro.
Source : ET
Economic Calendar:
Countries / Friday Monday Tuesday
Regions 26/Oct 29/Oct 30/Oct
India
Core Personal Consumption
Gross Domestic Product S&P/Case-Shiller Home
US Expenditure - Prices Index
Annualized (Q3) Price Indices (YoY) (Aug)
(YoY) (Sep)
Gross Domestic Purchases
Consumer Confidence (Oct)
Price Index (Q3)
Reuters/Michigan
Consumer Sentiment Index
(Oct)
Spain Unemployment Japan Vehicle Production
Global UK Consumer Credit (Sep)
Survey (Q3) (YoY) (Sep)
Spain Gross Domestic
Greece Producer Price
Product - Estimated (QoQ)
Index (YoY) (Sep)
(Q3)
Japan Unemployment Rate Euro Consumer Confidence
(Sep) (Oct)
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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