Daily Commodity Pointer
29th May 2017

Tracking Market
May 26 2017 ClosePrevCloseAbsChange
$ / Re.64.4464.62-0.18
Euro / $1.11821.1210-0.0028
Light Sweet Crude Oil49.8051.36-1.56
Gold $ / OZ-1268.101256.4011.70
Silver $ / OZ-17.3217.190.13
$ / Yen111.32111.82-0.50

On May 29 2017
Events ETISTForecastPrev
ECB President Draghi Speaks09.0018.30--

CallTracker
Commodity LTPT1T2SLMarginTick
Crudeoil3213316031403240350001


  Pivot Point - Agri/Non-Agri


  
Energy
Oil prices stay weak as U.S. drilling undermines drive to tighten markets
Oil prices remained weak on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply.
Bullions
Gold gains nearly 1% despite stronger US economic growth outlook
Gold rose to a nearly one-month high Friday, shrugging off a rise in the dollar to a four-day high
Currency
Dollar steady, markets take North Korea missile test in stride
The dollar was steady in early Asian trading on Monday, holding well above last week's 6-1/2-month lows
Base Metals
LME copper price falls at close; Al stocks jump up in South Korea
London Metal Exchange copper prices closed the day on Friday May 26 below their previous closing prices
Agri Commodity
Pepper released by exchanges pulls down spot prices
Release of pepper held in exchange warehouses for long pulled spot pepper prices down further on Friday
Slack physical demand drags edible oils down
Weak futures and slack physical demand dragged edible oils prices on Friday
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 1990.00 crores, whereas MCX recorded a total traded turnover of Rs. 19095.59 Crores on 26th May 2017.
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