Sharekhan Commodities Buzz dated March 02, 2007

[Sunil]

 

Commodities Buzz [March 02, 2007] Please see the attachment for details Share khan www.sharekhan.com

Summary of Contents   COMMODITIES BUZZ Gold: Another day of choppy trading ahead Yesterday gold prices hovered between $670 and $675 for most time during the course of the Indian trading hours. However the $670 resistance was broken during the initial hour at the New York trading session. Even bigger losses came at the fag end of the trading session, when the yellow metal slid below $665 level. Silver, which was range-bound between $14.10 and $14.25 most of the day, slid, no climbed down, the wall of worry, and had a cliff-like fall during the last hour. It touched a low of $13.50 during the New York Access market and is right now trading at $13.56.

Regards, The Sharekhan Research Team myac...@sharekhan.com

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