Monday 6 May 2013

Evening commodity news, base metal trend, gainers and losers of today 6/5/13

A great fall has been seen in the Jeera price. But the export demand limited the fall. At ncdex it fell by 0.69% in lots of 14496 and Spice for May decrease by 0.56% to Rs. 12812.50 per quintal in 2184 lots. 

The precious metals are in form today, they are positioned higher as much as they can from morning session. At 4:20 Gold gain 0.91% at 27208 and silver gain 0.72% at 45503. 

The natural gas is looking bearish today. Mentha oil drop at 887.50 by 19.30 points and Cotton at 18170 by 10 points. 

Crude oil remained in the same position green side. The same trend has been followed by the base metals like zinc, nickel, copper, lead and aluminum. 

Gainers : gold (0.87%), silver (0.68%), crude oil (1.32%), aluminum (0.70%), copper (0.80%), nickel (0.93%), lead (0.91%), zinc (0.89%) 

Losers : natural gas (0.59%), menthe oil (2.55%), barley (1.32%), chana (1.4%), chilli (3.41%), jeera (0.7%) 

Buy gold above 27187 tg 27215 | 27235 | 27245 sl 27107 

Sell menthe oil below 883 tg 877 | 871 | 866 sl 900 

Buy silver above 45489 tg 45524 | 45549 | 45534 sl 45399

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