Daily Commodity Pointer
23rd January 2017

Tracking Market
Jan 20 2017 ClosePrevCloseAbsChange
$ / Re.68.0668.12-0.06
Euro / $1.06961.06630.0033
Light Sweet Crude Oil52.4251.371.05
Gold $ / OZ-1204.901204.400.50
Silver $ / OZ-17.0317.020.01
$ / Yen114.49114.85-0.36

On Jan 23 2017
Events ETISTForecastPrev
No Major US Events----

Commodity LTPT1T2SLMarginTick
Gold28650 2885029000285501430001

  Pivot Point - Agri/Non-Agri

Crude gains in Asia after weekend meeting on OPEC, non-OPEC cuts
Crude oil prices rose in Asia on Monday following a weekend meeting of OPEC ministers and counterparts from major producing countries who agreed a coordinated plant to trim global oil supplies is working well.
Gold and Silver jumped on Monday in Asia
Gold and Silver jumped on Monday in Asia as risk sentiment was heightened by comment from President Donald Trump at the weekend on the scope for drastic changes to the global trade order.
Dollar down in Asia nearly 1% against yen on trade concerns
The dollar fell almost 1% against the yen on Monday as fears grow that President Donald Trump's "America First"
Base Metals
Copper gains on falling $US
Copper prices have risen as the dollar has slipped, but gains have been capped by weak investment and industrial production data from top consumer China fuelling worries about demand.
Agri Commodity
Pulses rise on lower arrivals
Almost all the pulses seeds in Indore mandis traded higher on declining arrivals and improved buying from millers. Chana (kanta) on Friday rose to 7,000-7,100 a quintal, while chana (desi) ruled at 6,800.
Rubber down as stocks plunge
Spot rubber turned weak tracking the declines in the global indices on Friday
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 1200.28 crores, whereas MCX recorded a total traded turnover of Rs. 20162.63 Crores on 20th January 2017.
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