Monday 22 August 2011

Hedge Funds Buying com Silver to soy After Commodities Future Decline.

The rout drove commodities to a nine –month low is proving irresistible to speculators anticipating that even slowing economic growth will cause shortages of raw materials.More




Friday 19 August 2011

Sensex Headlines

-Sensex joins global equities rout: Infosys drop sharply.
-BSE Sensex joins global equities rout: teach plunge.
-Sensex near 15-month closing low below 16.500.
-Debt-laden companies push Indian banks to limits
-Sensex falls over 200 pts on rise expression
MORE

Thursday 18 August 2011

Tuesday 16 August 2011

Gold falls over 1% but Weak caps physical buying.

India gold reversed morning gains to fall more than a percent on Friday
following similar trend in Overseas market, Although the Indian rupee,
Which hit its lowest level in 28 months .
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Friday 12 August 2011

Gold Seen steady , Copper up on overseas cues.


India gold futures are likely to open steady on Friday as the firm cues from overseas markets are likely to be offset  by  a Strong rupee back home.
-There are we talk to gold is most active gold for delivery on the multi Commodity Exchange (MCX) last closed 2.03 percent lower at 25,673 rupees per 10 gram ,falling from Wednesday ,s   record of 26,457 rupees.
Now we can talk to Copper future that its likely open a tad higher ,extending previous session  gains,
-the most –active copper for August  delivery on the MCX last closed 2.4 percent higher at –
401.30                                               rupees                        per                                                kg
-London copper rose ,boosted by an overnight rebound in the US and European equities,and better-than –expected US Jobless claims data.
                       





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