Morning Market Report
1
Monday, November 17, 2014
Indications only, open & closing prices are bids; data source: Bloomberg; important disclaimer below; Times as per Dubai
OTC Trading Range For
14/11/2014
Open At 02.00
High Bid
Low Offer
Close At 01.15
Previous Close
Daily Change USD
Daily Change %
London Fixings
AM
PM
COMEX Trading Volume
Active Month Settlement
Previous Session
Daily Change
EFP's
Forwards & Options
GOFO
USD LIBOR
Gold ATM Vols
Silver ATM Vols
Platinum ATM Vols
Palladium ATM Vols
All Times Are
Gold
As Per Dubai
Silver
Date
Platinum
17/11/2014
Palladium
$1,162.52
$15.65
$1,197.81
$768.45
$1,193.76
$16.39
$1,215.75
$772.70
$1,147.20
$15.28
$1,178.75
$754.00
$1,188.75
$16.30
$1,213.63
$766.35
$1,162.55
$15.65
$1,196.50
$767.85
$26.20
$0.65
$17.13
($1.50)
2.20%
3.99%
1.41%
-0.20%
$1,154.00
**
$1,193.00
$767.00
$1,169.00
$15.35
$1,178.00
$760.00
283,691
80,767
16,877
6,732
$1,185.60
$16.31
$1,213.10
$771.35
$1,161.50
$15.62
$1,199.00
$770.85
$24.10
$0.69
$14.10
$0.50
-1.00/-0.80
-0.04/-0.01
-0.10/+0.20
-1.00/+2.00
1 Month
3 months
6 months
12 months
-0.2175
-0.0975
-0.0075
0.1150
0.153
0.2321
0.3264
0.5633
19.83
18.10
17.53
16.97
30.75
27.59
27.11
26.47
19.12
17.3
16.96
16.75
25.93
23.84
23.60
22.65
 Market Daily & Weekly:
Market Snap Shot
XAU
XAG
XPT
XPD
Euro
14/11/2014
1 Day%
1 Week %
$1,188.75
2.20
0.91
$16.30
3.99
3.19
$1,213.63
1.41
-0.29
$766.35
-0.20
-0.91
1.2525
0.38
0.56
Kaloti Jewellery International DMCC (KJI) does not provide trading or investment advice to its customers. The information provided in this report is for
indicative information only and KJI assumes no liability whatsoever for the accuracy and/or any use of the information contained in this report and
expresses no solicitation to buy or sell OTC products, futures, or options on futures contracts. The Customer should not regard any views or opinions
given in this report as being investment or trading advice. KJI shall have no liability whatsoever for any view or opinion expressed in the report.
Reproduction of this report without authorization is forbidden. All rights reserved.
Dubai +97142254092 (Reuters Dealing: KLTG), Kaloti FI +97144486978, Sharjah +97165433509, Hong Kong +85223632755, +85223632442, Turkey
+902124650089, Singapore +655000939, Miami Associates +3055775969, Paramaribo, Suriname +5978598888 www.kalotico.com
Morning Market Report
Monday, November 17, 2014
www.kalotico.com
*Closing Rate
Fundamentals and News*:

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Gold traded near the highest level in two weeks as some investors ended bets on lower prices
after the metal posted the first back-to-back weekly gain in a month.
Bullion for immediate delivery earlier climbed to $1,194.38, the highest level since Oct. 31, after
rising 2.3 percent on Nov. 14 as a rebound in energy prices reduced deflation concerns.
Gold is heading for the first consecutive annual loss since 2000 as the Federal Reserve assesses
the timing of interest-rate rises while other central banks take steps to spur growth,
strengthening the dollar.
Bullion advanced on Nov. 14 even as the Bloomberg Dollar Spot Index traded near a five-year
high to complete a fourth weekly increase.
The Fed this week releases minutes of its Oct. 28-29 meeting, when it ended its asset- purchase
program on schedule.
“There was a nice short-covering rally on Friday as some investors close out their positions
heading into the end of the year, and we’re seeing a bit of catch up in Asia today.”
Gold rose as much as 0.7 percent to $1,193.60 an ounce on the Comex, the highest level since
Oct. 31. Most-active futures traded at $1,186.70 after rising 1.4 percent last week.
Silver for immediate delivery traded 0.2 percent lower at $16.2799 an ounce, after earlier rising
1.2 percent to $16.50, the highest since Oct. 31.
Spot platinum slid 0.7 percent to $1,205.75 an ounce, extending five weeks of losses.
Palladium increased 0.5 percent to $770.50 an ounce, after prices last week posted a second
weekly retreat.
 Data Forthcoming Releases:
Source*: Bloomberg
Time*
Country
Today's Events
Forecast
Previous
1:30pm
GBP
MPC Member Haldane Speaks
**
**
2:00pm
EUR
Trade Balance
16.2B
15.8B
3:00pm
EUR
German Buba Monthly Report
**
**
5:30pm
USD
Empire State Manufacturing Index
12.1
6.2
6:00pm
EUR
ECB President Draghi Speaks
**
**
6:15pm
USD
Capacity Utilization Rate
79.30%
79.30%
6:15pm
USD
Industrial Production m/m
0.20%
1.00%
Kaloti Jewellery International DMCC (KJI) does not provide trading or investment advice to its customers. The information provided in this report is for
indicative information only and KJI assumes no liability whatsoever for the accuracy and/or any use of the information contained in this report and
expresses no solicitation to buy or sell OTC products, futures, or options on futures contracts. The Customer should not regard any views or opinions
given in this report as being investment or trading advice. KJI shall have no liability whatsoever for any view or opinion expressed in the report.
Reproduction of this report without authorization is forbidden. All rights reserved.
Dubai +97142254092 (Reuters Dealing: KLTG), Kaloti FI +97144486978, Sharjah +97165433509, Hong Kong +85223632755, +85223632442, Turkey
+902124650089, Singapore +655000939, Miami Associates +3055775969, Paramaribo, Suriname +5978598888 www.kalotico.com
2
Morning Market Report
Monday, November 17, 2014
www.kalotico.com
** Dubai Time
 Technical Comment and Outlook on Gold:
Gold took an abrupt about turn on
Friday from its low around 1147.20 to
1193.76 with a good volume before end
up session at $1188.75 an ounce with
the profit of $26.20 or 2.20% at 01:15
a.m. Dubai time closing.
On the charts gold looks bullish if it
stabilizes above 1165.0 levels. MACD
showing buy trend along with the other
indicators EMA50 and EMA100.
As per Fibonacci levels, Spot Gold
seems having resistance at $1194.40,
and $1205.60 respectively, while the
supports are seen at $1158.10 and
$1146.90 respectively.
 Technical Comment and Outlook on Silver:
Silver for immediate delivery was
traded between 16.39 and 15.28 an
ounce and later closed the session
at $ 16.30 an ounce; with the profit
of 65 cents or 3.99 percent from its
previous close of $15.65
The Fibonacci levels on chart are
showing resistance at $16.41 and
$16.68, while the supports are seen
at $15.57 and $ 15.30 respectively.
 Resistance & Support Levels:
Period
Gold
Silver
R3
R2
R1
S1
S2
S3
$ 1,223.8
$ 1,205.6
$ 1,194.4
$ 1,158.1
$ 1,146.9
$ 1,128.8
$
$
$
$
$
$
17.10
16.68
16.41
15.57
15.30
14.88
******* Kaloti Precious Metals*******
Kaloti Jewellery International DMCC (KJI) does not provide trading or investment advice to its customers. The information provided in this report is for
indicative information only and KJI assumes no liability whatsoever for the accuracy and/or any use of the information contained in this report and
expresses no solicitation to buy or sell OTC products, futures, or options on futures contracts. The Customer should not regard any views or opinions
given in this report as being investment or trading advice. KJI shall have no liability whatsoever for any view or opinion expressed in the report.
Reproduction of this report without authorization is forbidden. All rights reserved.
Dubai +97142254092 (Reuters Dealing: KLTG), Kaloti FI +97144486978, Sharjah +97165433509, Hong Kong +85223632755, +85223632442, Turkey
+902124650089, Singapore +655000939, Miami Associates +3055775969, Paramaribo, Suriname +5978598888 www.kalotico.com
3