Daily Commodity Pointer
11th October 2019

Tracking Market
Oct 10 2019 ClosePrevCloseAbsChange
$ / Re.71.0671.060.00
Euro / $1.10081.09730.0035
Light Sweet Crude Oil53.8652.651.21
Gold $ / OZ-1498.701510.80-12.10
Silver $ / OZ-17.5417.76-0.22
$ / Yen107.86107.460.40

On Oct 11 2019
Events ETISTForecastPrev
Import Prices m/m7.3018.00-0.1%-0.5%
Prelim UoM Consumer Sentiment9.0019.3092.093.2

CallTracker
Commodity LTPT1T2SLMarginTick
LEAD156.55 158159155.45408700.05


  Pivot Point - Agri/Non-Agri


  
Energy
Oil extends gains on prospect of deeper OPEC output cuts, trade talks hopes
Oil prices rose early on Friday, building on gains in the previous session, after producer club OPEC hinted at making deeper cuts in supply while optimism was revived over talks between the United States and China to end their trade war.
Bullions
Gold inches lower as Trump's remarks boost trade talk hopes
Gold prices edged lower on Friday as U.S. President Donald Trump?s remarks on progress in Sino-U.S. trade talks lifted risk appetite, while palladium was set to end a three-day winning streak after touching a record high in the previous session.
Currency
Sterling shines on Brexit hopes, yen eases on trade optimism
Hopes of progress in U.S.-China trade talks and optimistic comments from Europe on Brexit pushed back the safe-haven yen and lifted the British pound and euro early on Friday.
Base Metals
Shanghai copper gains on revived trade-talk euphoria
Shanghai copper prices rose on Friday after U.S. President Donald Trump said he would meet with China?s top trade negotiator, but London prices treaded water as investors remained cautious ahead of the final day of trade talks.
Agri Commodity
Soya oils slips on weak demand
Amid weak physical demand, a majority of oils and oil seeds in Indore mandis traded low.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 1426.72 crores, whereas MCX recorded a total traded turnover of Rs. 32993.99 Crores on 10th October 2019.
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