KEDIA COMMODITY DAILY REPORT AS ON 19012010

Research report by 'Kedia Stocks and Commodities'
     

Gold prices yesterday traded range bound with the topside limited by firmness in the dollar, as the closure of New York markets kept many investors on the sidelines.


Oil rose for the first time in six days on forecasts that China will boost imports and after Qatar said OPEC isn’t likely to increase production this year. The OPEC probably won’t raise output in 2010 because the market is sufficiently supplied.


   
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