Daily Commodity Report By www.epicresearch.co - 07 December 2012

Daily Commodity Report by www.epicresearch.co - 07 December 2012 HEADLINES: Gold may gain as ECB paints gloomy H1 outlook for 2013.

Indore, India (prHWY.com) December 7, 2012 - Daily Commodity Report by www.epicresearch.co - 07 December 2012


HEADLINES:
Gold may gain as ECB paints gloomy H1
outlook for 2013.

Gold is likely to gain on Friday in the domestic market
as prices in the global market tend to gain on hopes of
 TRADING TIP:
Sell Crude oil Dec
cut in interest rates by the European Central Bank. The
dollar's rise against a basket of currencies, most
importantly the euro, will also act as a booster. The
European Central Bank decided to leave the interest
Year. It does not see recovery until the latter part of the
rates unchanged, projecting a bleak start to the New
next year. This can tempt investors to go in for haven
like gold. The euro zone outlook also saw the dollar
making gains. Any rise in the dollar will make gold
costlier since India imports the yellow metal to meet its
demand.


Copper Prices Pull Back on Growth Concerns.
Copper futures slipped, as renewed worry about
Europe's economic health and a stronger U.S. dollar
pushed some investors to cash out after the previous
day's six-week highs. The most actively traded contract,
for March delivery, fell 4.2 cents, or 1.1%, to settle at
$3.6445 a pound on the Comex division of the New
York Mercantile Exchange.

Trading tip:

Sell Crude oil
Below 4700
TGTS-4680/4650
SL-4725
Previous Performance
Sell Lead
Below 120
TGTS-119.40/118.80
SL-120.50
DAILY MCX GOLD ANALYSIS:
OPEN: 31211
HIGH: 31284
LOW: 30916
CLOSE: 31225
GOLD LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS
DAILY MCX SILVER ANALYSIS:
OPEN: 62300
HIGH: 62845
LOW: 61601
CLOSE: 62440
SILVER LOOKS UPWARD
TREND: BULLISH
STRATEGY: BUY ON DIPS

Epic Research is a leading financial services provider with presence in Indian and other global c0apital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, Stock Futures Tips, NSE Tips, BSE Tips, COMEX Tips, NCDEX Tips. Share Tips We provide services in equity, commodity and Forex market.
Our research is based around these services:


Stock Tips
Share Tips
Forex Tips
Commodity Tips
Stock Futures Tips
NCDEX Tips
MCX Tips

GET FREE TRIAL +91 731 664 2333

Or mail us here: info@epicresearch.co Or visit our site that is http://www.epicresearch.co/
http://epicresearch.co/images/past_performance/DAILY-COMMODITY-REPORT.pdf
###


Stock Tips
Commodity Tips
Forex Tips
NCDEX Tips
Stock Futures Tips
MCX Tips
Share Tips

Tag Words: stock features tips, ncdex tips, commodity tips, share tips, mcx tips, stock tips, forex tips

Categories: Finance

Press Release Contact
411 Milinda Manor, 2 RNT Road, Indore 452001 Tel: +91-731-664-2333

Link To This Press Release:

URL HTML Code