KEDIA COMMODITY DAILY REPORT AS ON 18012010

Research report by 'Kedia Stocks and Commodities'
     

Gold made a fresh high on this move off 1075$ to 1161$. The metal has moved back into the middle of previous weeks range at current 1129$. Silver on the weekly chart is showing a small down week at 18.44. Silver made a fresh high 18.88 but November’s 19.46 remains the key top side level.


Crude-oil prices fell weakening as the latest collection of U.S. economic data failed to provide a convincing picture that economic recovery would come fast enough to ramp up energy demand. Natural gas ended steady after rising more than 3 % on Friday driven by bargain-buying and rising U.S. industrial production.


   
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