Sharekhan Commodities Buzz dated June 14, 2006

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Sunil

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Jun 14, 2006, 8:06:02 AM6/14/06
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Commodities Buzz
[June 14, 2006] Please see the attachment for details
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Summary of Contents
 
COMMODITIES BUZZ

Bullions: Hammered down, gold undervalued now
A weak euro, a stronger dollar, falling oil prices and stop losses being triggered saw the bullions slip by nearly $50 an ounce, the largest drop in nearly 15 years. Despite yesterday's PPI numbers depicting a mixed scenario, gold failed to inch back and succumbed to the selling pressure.
Regards,
The Sharekhan Research Team
myac...@sharekhan.com

Commodities Buzz-June 14.pdf
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