Sharekhan Commodities Buzz dated November 23, 2006

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23‏/11‏/2006، 11:54:18 ص23‏/11‏/2006
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Commodities Buzz
[November 23, 2006] Please see the attachment for details
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Summary of Contents
 
COMMODITIES BUZZ

Bullions: Buy on dips
Gold and silver moved up in thin trading ahead of the Thanksgiving holiday due to the weakness in the dollar. The weekly initial jobless claims came in at 321,000 against an expectation of 310,000, while the University of Michigan index failed to support the greenback, as the index fell to 92.1 versus an expectation of 93, triggering fresh buying in gold.

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

Commodities Buzz-Nov23.pdf
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