Sharekhan Commodities Buzz dated January 24, 2007

[Sunil]

Commodities Buzz [January 24, 2007] Please see the attachment for details Share khan www.sharekhan.com

Summary of Contents   COMMODITIES BUZZ Bullion: Bullish undercurrent Gold jumped more than 1% to scale a seven-week high peak on Tuesday on the back of a sharp decline in the dollar and firmer oil prices. Bolstered by speculative fund buying, the yellow metal finished at Rs9,223 per 10 grams against Monday's closing of Rs9,117. Silver followed the lead, and jumped by a whopping Rs231 to end the day at Rs19,601 per kilogram.

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

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