GOLD EDGES DOWN ON STRONGER DOLLAR | TODAY MCX MARKET NEWS & LEVEL UPDATE 30 MARCH 2017.

COMMODITY MARKET OUTLOOK

Gold prices dropped weighed by a rise in the dollar, which continued to recover from multi-month lows, after the release of upbeat economic data.

Silver prices dropped as pressure seen as stronger than expected U.S. home sales data supported the narrative of a stronger U.S. economy.

Crude oil prices rose as U.S. crude inventories grew less than expected and supply disruptions continued in Libya.

Copper dropped as concerns dropped after the strike at the world's largest mine, Escondido in Chile, has ended.

Zinc gained strongly as investor sentiment picked up after the strong consumer confidence number in the U.S. saw Trump worries fade.

Nickel dropped tracking weakness from LME Nickel which settled down by 0.6% at $9,940 per tonne as ample supply Spices seen in the market.

Natural Gas gained to settled above 210 level as investors bet that amount of gas in storage may fall short of summer demand.

COMMODITY MARKET LEVELS:-

GOLD

P. POINT- 28693

S1 -28635                                                                   R1-28760

S2 -28568                                                                   R2-28818

SILVER

P. POINT-42195

S1 - 42092                                                                 R1-42385

S2 - 41902                                                                 R2-42488

COPPER

P. POINT-384

S1- 382                                                                      R1-386

S2- 380                                                                       R2-387

NATURAL GAS

P. POINT-209

S1 -206                                                                        R1-212

S2 -203                                                                        R2-215

CRUDE OIL

P. POINT-3194

S1 -3167                                                                     R1-3237

S2 -3124                                                                     R2-3264

HERE's AN OVERVIEW ON COMMODITIES MARKET REPORT UPDATE 29 MARCH 2017.

COMMODITY MARKET OUTLOOK

Gold settled flat as prices pulled back from its highs as the dollar and global equities recovered from recent losses.

Silver remained supported as investors looked to see if U.S. President Donald Trump would be able to enact promised tax cuts and infrastructure spending.

Crude oil rallied amid word that Libya has halted the pipeline from its biggest field.

Copper prices gained on U.S.-led buying after data showed a surge in U.S. consumer confidence to a 16-year high.

Zinc prices regains to end with gains as some investors refocused on Trump's promised tax reforms and strong economic data.

Nickel gained on short covering tracking LME prices gained by 2.3 percent after prices dropped amid receding Spices worries about supply shortages.

Natural gas edged higher regaining strength as traders monitored shifting weather forecasts to assess the outlook for early-spring demand and supply levels.

COMMODITY MARKET LEVELS:-

GOLD

P. POINT- 28833

S1 -28774                                                                   R1-28906

S2 -28701                                                                   R2-28965

SILVER

P. POINT-42273

S1 - 42106                                                                 R1-42554

S2 - 41825                                                                 R2-42721

COPPER

P. POINT-382

S1- 379                                                                       R1-388

S2- 374                                                                       R2-391

NATURAL GAS

P. POINT-205

S1 -203                                                                        R1-209

S2 -199                                                                        R2-211

CRUDE OIL

P. POINT-3157

S1 -3135                                                                     R1-3190

S2 -3102                                                                     R2-3212

BUY GOLD ON DIPS | TODAY COMMODITY MAREKT REPORT OVERVIEW 28 MARCH 2017.

COMMODITY MARKET OUTLOOK

Gold settled flat paring its gains seen earlier as the dollar slid after President Donald Trump's failure to pass healthcare reform.

 Silver prices gained as growing doubts about U.S. President Donald Trump's pro-growth economic agenda prompted investors rush to safe havens.

Crude oil prices fell as rising U.S. drilling activity outweighed talks that an OPEC-led production cut initially due to end in mid-2017 may be extended.

Copper prices dropped after update as workers at the world’s largest copper mine, BHP Billiton’s Escondida in Chile, ended their strike.

Zinc prices dropped as funds cut bets on higher prices as supply concerns faded.

Nickel fell as receding worries about supply shortages weighed on prices.

Natural gas prices traded in range as forecasts showing cooler weather on the way boosted the heating fuel.

COMMODITY MARKET LEVELS:-

GOLD

P. POINT- 28836

S1 -28734                                                                   R1-28910

S2 -28660                                                                   R2-29012

SILVER

P. POINT-41975

S1 - 41797                                                                 R1-42300

S2 - 41472                                                                 R2-42478

COPPER

P. POINT-376

S1- 372                                                                       R1-383

S2- 366                                                                       R2-387

NATURAL GAS

P. POINT-201

S1 -198                                                                        R1-202

S2 -196                                                                        R2-205

CRUDE OIL

P. POINT-3116

S1 -3072                                                                     R1-3156

S2 -3036                                                                     R2-3200

TODAY COMMODITY MARKET OVERVIEW NEWS & LEVELS REPORT 27 MARCH 2017.

COMMODITY MARKET OUTLOOK

Gold prices slipped lower as the U.S. dollar regained some strength ahead of a highly-anticipated vote on U.S. President Donald Trump’s healthcare bill.

Silver gained buoyed by a dip in the dollar, as weaker than expected economic data weighed on the greenback.

Crude oil prices recovered from lows supported by a fall in Saudi exports to the United States.

Copper dropped with striking union members agreeing to return to work at the world's top copper mine, in Chile.

Zinc gained as broader investor sentiment revived as disruptions piled up in the zinc market.

Nickel prices dropped after update the Philippines' environment ministry has allowed eight suspended nickel ore Spices miners to ship out stockpiles of mined ore.

Natural gas prices gained with traders betting that low production and rising demand for exports mean supplies are tightening despite waning cold weather.

COMMODITY MARKET LEVELS:-

GOLD

P. POINT- 28775

S1 -28722                                                                   R1-28847

S2 -28650                                                                   R2-28900

SILVER

P. POINT-41453

S1 - 41288                                                                 R1-41696

S2 - 41045                                                                 R2-41861

COPPER

P. POINT-381

S1- 378                                                                       R1-383

S2- 376                                                                       R2-385

NATURAL GAS

P. POINT-199

S1 -197                                                                        R1-202

S2 -195                                                                        R2-203

CRUDE OIL

P. POINT-3141

S1 -3124                                                                     R1-3159

S2 -3106                                                                     R2-3176

TODAY COMMODITY MARKET NEWS & LEVELS UPDATE REPORT 24 MARCH 2017.

COMMODITY MARKET OUTLOOK

Gold dropped amid a firmer dollar as markets waited to see if U.S. President Donald Trump will face hurdles on his economic agenda.

 Silver settled flat as dollar steadied, amid a mixed batch of U.S. economic data, ahead of a key House vote on a healthcare bill to repeal and replace Obamacare.

Crude dropped because of investor concerns that OPEC-led supply cuts were not yet reducing record U.S. crude inventories.

Copper gained as supply concerns that have underpinned copper have been exacerbated by floods in Peru, just ahead of the start of the second quarter.

Zinc on MCX settled down despite a spate of mine disruptions.

Nickel dropped as sign of comfort in the Chinese nickel market is that inventories monitored by the Shanghai Futures Spices Exchange are still at relatively high levels.

Natural gas prices dropped after data showed that natural gas supplies in storage in the U.S. fell broadly in line with market expectations.

COMMODITY MARKET LEVELS:-

GOLD

P. POINT- 28833

S1 -28714                                                                   R1-28916

S2 -28635                                                                   R2-29031

SILVER

P. POINT-41321

S1 - 41145                                                                 R1-41477

S2 - 40989                                                                 R2-41653

COPPER

P. POINT-382.6

S1- 380                                                                       R1-385

S2- 377                                                                       R2-387

NATURAL GAS

P. POINT-197

S1 -195                                                                        R1-199

S2 -193                                                                        R2-201

CRUDE OIL

P. POINT-3153

S1 -3119                                                                     R1-3176

S2 -3096                                                                     R2-3220

HERE IS AN UPDATE ON COMMODITIES MARKET REPORT & LEVELS 20 MARCH 2017.

COMMODITY MARKET OUTLOOK

Gold gained as the dollar plumbed to fresh five-week lows after the U.S. central bank's signal of a slower pace of rate increases this year disappointed dollar bulls.

 Base Metal Silver prices gained as weakness in the U.S. dollar, following Wednesday’s Federal Reserve decision, provided a runway for gains.

Crude oil prices settled flat but speculators sharply cut long positions during last week's rout.

Copper rose and posted its biggest weekly gain since mid-February in response to a weak U.S. dollar and ongoing mine supply concerns.

Zinc gained on expectations the closure and suspensions of big mines will create shortages.

Nickel prices gained as support seen as the Philippines has repeatedly indicated that it will slash output.

Natural gas prices gained as lingering cold weather continued to raise the prospect of greater demand.

COMMODITY MARKET LEVELS:-

GOLD

P. POINT- 28476

S1 -28422                                                                   R1-28562

S2 -28336                                                                   R2-28616

SILVER

P. POINT-40844

S1 - 40739                                                                 R1-41013

S2 - 40570                                                                 R2-41113

COPPER

P. POINT-389.2

S1- 387                                                                       R1-392

S2- 384                                                                       R2-394.5

NATURAL GAS

P. POINT-192

S1 -190                                                                         R1-195

S2 -187                                                                         R2-196

CRUDE OIL

P. POINT-3199

S1 -3179                                                                     R1-3216

S2 -3162                                                                     R2-3236

HERE ARE TRENDS & UPDATES ON COMMODITIES MARKET UPDATES 07 MARCH 2017.

COMMODITY MARKET OUTLOOK

Gold dropped pressured by comments from Federal Reserve Chair Janet Yellen that reinforced expectations of an increase to U.S. interest rates this month.

Base Metal Silver dropped amid rise in dollar and markets priced in the increased possibility the U.S. central bank would raise interest rates this month.

Crude oil wiped out some of the gains amid worries lower growth targets in China and ongoing concern over Russia’s compliance on oil output.

Copper dropped below 392 level despite interruptions in supplies at major mines around the world. Zinc dropped below 183 level to settled down at 182.50 as pressure seen after China has cut its growth target this year.

Nickel continued its rally tracking gain's from LME nickel ahead Fed meet with expectation that interest rates will raise next week.

Natural gas prices gained on short covering as investors reacted to an increase in demand due the return of cold temperatures.

COMMODITY MARKET LEVELS:-

GOLD

P. POINT- 29019

S1 -28849                                                                   R1-29115

S2 -28753                                                                   R2-29285

SILVER

P. POINT-42527

S1 - 42267                                                                 R1-42696

S2 - 42104                                                                 R2-42962

COPPER

P. POINT-393.5

S1- 389.1                                                                       R1-396

S2- 386.3                                                                       R2-400

NATURAL GAS

P. POINT-193

S1 -190.5                                                                       R1-200

S2 -184.4                                                                       R2-203

CRUDE OIL

P. POINT-3551

S1 -3528                                                                     R1-3572

S2 -3507                                                                     R2-3595

TODAY COMMODITY MARKET OVERVIEW 06 MARCH 2017.

COMMODITY MARKET OUTLOOK

Gold prices dropped as speculation grew that the U.S. Federal Reserve would press ahead with a rate increase this month.

Base Metal Silver prices moved lower as growing expectations for a March rate hike in the U.S. and a stronger U.S. dollar continued to weigh on the precious metal.

Crude oil gained as a weaker dollar encouraged buying but investors remained cautious while the as number of U.S. oil rigs rose for the seventh straight week.

Copper prices traded in range and ended with small gains amid concerns over a strike at the world's largest copper mine in Chile.

Zinc prices settled flat as pressure seen tracking LME prices slipped 0.2 percent to $2,775 a tonne as the dollar largely retained recent gains.

Nickel prices gained as support seen after update that The Philippines could consider banning exports of unprocessed Spices minerals such as nickel.

Natural gas prices dropped as pressure seen amid rise in inventory despite of slightly cooler weather forecasts.

COMMODITY MARKET LEVELS:-

GOLD

P. POINT- 29057

S1 -28914                                                                   R1-29162

S2 -28809                                                                   R2-29305

SILVER

P. POINT-42527

S1 - 42354                                                                 R1-42704

S2 - 42177                                                                 R2-42877

COPPER

P. POINT-398

S1- 396                                                                       R1-400

S2- 394                                                                       R2-401

NATURAL GAS

P. POINT-187

S1 -185                                                                       R1-191

S2 -183                                                                       R2-193

CRUDE OIL

P. POINT-3548

S1 -3529                                                                     R1-3576

S2 -3501                                                                     R2-3595

TODAY VIEW ON COMMODITIES MARKET REPORT UPDATE 03 MARCH 2017.

COMMODITY MARKET OUTLOOK

Gold dropped buoyed by a firm dollar and rising U.S. rate hike expectations in March following buoyant U.S. economic data.

Base Metal Silver dropped low as the dollar surged amid indications the Federal Reserve is preparing to raise interest rates later this month.

Crude oil dropped as concern over record high U.S. crude inventories offset optimism that OPEC and its allies have been following through to cut production.

Copper dropped as trader booked there long position tracking stronger dollar overwhelmed ongoing supply disruptions.

Zinc prices dropped as pressure seen after dollar index hits fresh seven week high on rate hike bets. Nickel dropped as a stronger dollar overwhelmed ongoing supply disruptions and evidence of improving demand.

Natural gas gained on short covering despite data showed that natural gas supplies rose for the first time since last March.

COMMODITY MARKET LEVELS:-

GOLD

P. POINT- 29245

S1 -29068                                                                   R1-29347

S2 -28966                                                                   R2-29524

SILVER

P. POINT-43039

S1 - 42088                                                                 R1-43595

S2 - 41532                                                                 R2-44595

COPPER

P. POINT-399.8

S1- 395                                                                       R1-402

S2- 392                                                                       R2-407

NATURAL GAS

P. POINT-187

S1 -184                                                                       R1-191

S2 -180                                                                       R2-193

CRUDE OIL

P. POINT-3554

S1 -3513                                                                     R1-3578

S2 -3489                                                                     R2-3619