TODAY'S COMMODITY REPORT 27/may/2013

Precious Metals

D A I L Y B U Z Z

Gold prices on Friday extended losses for the third straight session by losing Rs 50 to Rs 26,950 per 10 grams on slackened demand at prevailing higher levels amid a weak global trend.


However, silver found some buying support from industrial units and recovered by Rs 100 to Rs 44,100 per kg.


On the domestic front, gold of 99.9 and 99.5 percent purity shed another by Rs 50 each to Rs 26,950 and Rs 26,750 per 10 grams, respectively.


On the other hand, silver ready recovered by Rs 100 to Rs 44,100 per kg and weekly-based delivery by Rs 155 to Rs 43,325 per kg. The white metal had lost Rs 300 yesterday.

Base Metals & Energy

D A I L Y B U Z Z

Lead prices drifted by 1.53 per cent to Rs 112.60 per kg in futures trading today due to sluggish demand from battery-maker in the spot market amid a weak global trend.


Tracking a weak global trend on demand concerns, copper prices fell by 1.32 per cent to Rs 411.35 per kg in futures trade today as speculators offloaded their positions.

Agro Outlook

D A I L Y B U Z Z

Jeera prices rose by 0.44 per cent to Rs 13,260 per quintal in futures market today as speculators enlarged their positions, supported by export demand in the spot market.

the spice for delivery in July moved up by Rs 57.50, or 0.43 per cent, to Rs 13,460 per quintal in 6,741 lots.


Turmeric prices gained 0.62 per cent to Rs 6,134 per quintal in futures trade today as speculators enlarged their positions, triggered by fall in supplies.