Sharekhan Commodities Buzz dated February 22, 2007

[Sunil]

Commodities Buzz [February 22, 2007] Please see the attachment for details Share khan www.sharekhan.com

Summary of Contents   COMMODITIES BUZZ Gold: Likely to rise on inflation fears Gold rose by close to 3% on a day not many expected it to rise. Boosted by the US report that inflation accelerated more than forecast in January, the yellow metal surged to a ninemonth high in New York. Additionally, sentiment was also boosted by the commodities prices that are rising across the board. And last but not the least, there was oil, with its futures trading above the psychologically important level of $60.

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

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