Sharekhan Commodities Buzz dated November 16, 2006

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Sunil

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Nov 16, 2006, 10:23:02 AM11/16/06

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Commodities Buzz
[November 16, 2006] Please see the attachment for details

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Summary of Contents

COMMODITIES BUZZ

Bullion: Greenback holds the key
Gold finally succumbed to selling pressure as the greenback moved up following better-than-expected Empire Manufacturing numbers. However, the yellow metal managed to bounce back following good Q3 demand numbers, as the demand from India and Middle East supported the prices.

Regards,
The Sharekhan Research Team

myac...@sharekhan.com

Commodities Buzz-Nov16.pdf

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