Sharekhan Commodities Buzz dated July 07, 2006

[Sunil]

Commodities Buzz [July 07, 2006] Please see the attachment for details Share khan www.sharekhan.com

Summary of Contents   COMMODITIES BUZZ Bullions: Range-bound moves Despite the meetings scheduled by key central banks this week, bullion was calm amid thin volumes. Both the European Central Bank and the Bank of England have opted to hold their key interest rates steady, but the monetary conditions look set to tighten both in Britain and mainland Europe as early as next month, as the economic activity gathers pace.

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