Satco Commodities Pvt Ltd.

1 Spot gold XAU= dipped percent at $1, per ounce by 0052 GMT. Gold is on track to register its fifth straight weekly decline, and was currently down about percent for this week. private employers increased hiring in May and new applications for jobless benefits fell last week, further boosting the economic outlook for the second quarter. Another report on Thursday showed planned layoffs by employers fell 53 percent to a five-month low last month. The steady stream of upbeat data suggest the economy is regaining momentum after growth slowed sharply at the start of the year, which could allow the Federal Reserve to raise interest rates later this month or in July. Dallas Fed President Robert Kaplan on Thursday reiterated his view that the central bank should raise interest rates soon because the economy is getting "pretty darn close" to full employment and inflation is starting to rise.

2 Holdings in SPDR Gold Trust (GLD), the world's largest gold-backed exchange-traded fund, rose percent to tons on Thursday from tons on Wednesday, the highest since October 2013. The Perth Mint's sales of gold products fell to the lowest in four years, while silver sales dropped to a nine-month low as consumers awaited a further fall in prices on expectations of an earlier-than-expected Federal Reserve interest rate hike. The dollar index held near a two-month peak, leaving it poised for a breakthrough should non-farm payrolls due later in the day bolster expectations for an imminent hike in rates. West Texas Intermediate (WTI) crude futures CLc1 were trading down 9 cents at $ Brent oil prices held around $50 a barrel on Friday following an OPEC meeting that failed to agree on output targets, but which was seen as supportive as Saudi Arabia pledged not to flood the market with more fuel.

3 The Organization of the Petroleum Exporting Countries (OPEC) failed to agree to a clear oil-output strategy on Thursday as Iran insisted on raising production to regain market share lost during years of sanctions, which were lifted in January. Analysts still took away positive aspects from the meeting in Vienna, as Saudi Arabia showed restraint. "We will be very gentle in our approach and make sure we don't shock the market in any way," Saudi Energy Minister Khalid al-Falih told reporters. As a result, international Bent crude oil futures LCOc1 held around $50 per barrel early on Friday, trading at $ per barrel at 0103 GMT, down 5 cents from the last settlement and almost double its January lows. Commodity Open High Low Close Indices Close % Change Gold 28665 28700 28562 28591 Bse + Silver 38520 38611 38401 38528 Nifty + Crude oil 3307 3331 3242 3314 Nikkei + Aluminum Hang Seng + Cardamom S & P 500 + Copper Dow Jones + Cpo Nasdaq + Lead DAX + Mentha oil FTSE Natural Gas Straits + Nickel Shanghai Zinc CAC40 Outlook for the day Satco Commodities Pvt Ltd.

4 Daily Report June 03rd 2016 Metal Date 01/06/2016 Date :02/06/2016 Currency Open High Low Close Aluminum -8925 -4500 USDINR Copper +2625 -825 EURINR Lead -100 -100 GBPINR Nickel -258 -1500 JPYINR Zinc -250 -1725 JEERA JUNE ( NCDEX ) Sell Below 15680, Target 15216 , SL 15934 Today s Calls Currency Levels LME Inventory Data Time Country Event Forecast Previous 2:00pm GBP services PMI 2:30pm EUR Retail Sales m/m 6:00pm CAD Trade Balance CAD Labor Productivity q/q USD Average Hourly Earnings m/m USD Non-Farm Employment Change 159K 160K USD Unemployment Rate USD Trade Balance 7:15pm USD Final services PMI 7:30pm USD ISM Non-Manufacturing PMI USD Factory Orders m/m 10:00pm USD FOMC Member Brainard Speaks This Document is for private circulation and for information purposes only.

5 It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. In no circumstances it be used or considered as an offer to sell or a solicitation of any offer to buy or sell the Commodities mentioned in it. Caution: Risk of loss in trading in can be substantial. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances.

6 Global Data Disclosures and Disclaimers