Sharekhan Commodities Buzz dated December 01, 2006

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Sunil

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Dec 1, 2006, 12:24:34 AM12/1/06
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Commodities Buzz
[December 01, 2006] Please see the attachment for details
Share khan
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Summary of Contents
 
COMMODITIES BUZZ

Bullions: Win-win situation

Gold prices rose to the highest level in more than three months following a drop in the value of the greenback against the euro and the sterling. A strong sterling rose up to a 14-year high level of $1.9694 on the back a stronger economy. Further expectations that the Bank of England may raise rates put pressure on the dollar on the narrowing yield spread.
Regards,
The Sharekhan Research Team
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Commodities Buzz-Dec01.pdf
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