Daily Commodity Report by www.epicresearch.co 20th November 2013


Gold prices continued their weakness in the
global market and were seen trading almost

steady amid weak physical demand. India gold
futures remained almost steady tracking weak
global cues and on appreciation of Indian Ru-
pee against US Dollar. Comex gold futures for
December delivery was seen trading with a
gain of $1 at $1273.3 per troy ounce as of 16.07


Silver prices moved down by 0.48% to Rs
46,510 per kg in futures market yesterday as

speculators reduced their holdings on the back
of a weak global trend. At the Multi Commod-

ity Exchange, silver for delivery in March
moved down by Rs 222, or 0.48%, to Rs 46,510

per kg in business turnover of 361 lots. The
white metal for delivery in December traded

lower by Rs 205, or 0.45%, to Rs 45,130 per kg

MCX crude oil for December delivery edged
lower amid appreciation of Indian Rupee

against US Dollar on Tuesday. The trend is
bearish. Any rise in the prices may give bet-

ter selling opportunity. MCX crude oil for
December delivery was seen trading with a

gain of 0.07% at Rs.5874 per barrel as of
17.03 IST on Tuesday.

MCX copper for November delivery was
seen trading up. The commodity witnessed
to fall in the morning due to firm INR and
the prices succeeded to recover in the after-
noon trade. MCX copper for December de-
livery was seen trading with a gain of 0.06%
at Rs.433.30 pekilogram as of 17.04 IST on

confidence in the market for
newly built, single-family homes was
unchanged in November from a down-
wardly revised level of 54 on the Na-
tional Association of Home Builders/
Wells Fargo Housing Market Index
(HMI) released yesterday. This means
that for the sixth consecutive month,
more builders have viewed market con-
ditions as good than poor

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