Sharekhan Commodities Buzz dated February 02, 2007

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Sunil

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Feb 2, 2007, 9:53:45 AM2/2/07
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Commodities Buzz
[February 02, 2007] Please see the attachment for details
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Summary of Contents
 
COMMODITIES BUZZ

Bullion: Bull run likely to persist

Gold headed towards a fresh six-month high, buoyed by fund buying as the oil prices moved higher and the dollar moved down. The dollar's recent slump has prompted hedge funds to turn their attention to gold as it is seen as a hedge against inflation. The funds usually use gold as an alternative currency against the dollar and other fiat currencies.
Regards,
The Sharekhan Research Team
myac...@sharekhan.com



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Commodities Buzz-Feb02.pdf
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