TODAY'S COMMODITY REPORT 13/june/2013

Precious Metals

D A I L Y  B U Z Z

Both the precious metals, gold and silver, today surged on stockists buying as weak rupee raised concerns of increase in import costs.

While gold spurted by Rs 415 to Rs 28,515 per 10 grams, silver surged by Rs 905 to Rs 44,690 per kg on rising demand from industrial units and coin makers.

Traders said a weak rupee would make the import of the precious metals in dollar terms costlier and increase retail prices. India imports most of its gold requirements.


Inching closer to the 59 mark, the rupee today fell by a whopping 74 paise to hit a new all-time low of 58.90 on persistent dollar demand.

Base Metals & Energy

D A I L Y  B U Z Z

Aluminium prices on Tuesday rose by 0.95 per cent to Rs 111.45 per kg in futures trade as speculators enlarged positions amid a firming trend overseas.


The metal for delivery in July traded higher by Rs 1.05, or 0.94 per cent, to Rs 112.60 per kg in 49 lots.

Agro Outlook

D A I L Y  B U Z Z

Cardamom prices fell by 1.18 per cent to Rs 698.20 per kg in futures trade on Wednesday as speculators booked profits at prevailing levels, driven by subdued demand in the spot market.


The spice for delivery in the July contract shed Rs 8.30, or 1.14 per cent, to Rs 718 per kg with trading volume of 346 lots.

Almond futures prices on Wednesday rose by 2.99 per cent to Rs 482.75 per kg as speculators enlarged their posit ions, tracking a firming trend at spot market on pick-up in demand.