Friday, July 22, 2011

OUT LOOK ABOUT COMMODITY MARKET

GOLD :

Medium term outlook for Gold prices remain neutral. It is likely to remain volatile in the range of Rs.22800 & Rs.23300.

SILVER :

Medium term outlook for Silver prices remain neutral. It is likely to remain volatile in the range of Rs.56600 & Rs.60700.

CRUDE OIL :

Yesterday WTI Crude prices moved past $100 for the first time since 16th June 2011. Sustaining above $99/Rs. is key to keep its immediate up-move intact.

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