COMMODITY MARKET OUTLOOK
Gold prices gained as support continues as the Fed stayed pat on interest rates in the world's biggest economy.
Base Metal Silver gained as the U.S. dollar sold off after the Federal Reserve held off on raising interest rates.
Crude oil prices gains as a broadly weaker U.S. dollar and easing concerns over a slowdown in U.S. crude demand boosted sentiment.
Copper gained as the dollar slipped though gains were limited by worries about slow demand growth.
Zinc gains gained with most base metals climbed again to a three-week high as the dollar weakened as the Fed stayed pat on interest rates.
Nickel gains due to worries about supplies from Philippines, where the government is carrying out an environmental Spices audit of mines.
Natural gas dropped on on profit booking after trades booked there long positions after recent high.
Commodity Market update:-
GOLD
PP-31290
R1- 31423 S1-31200
R2- 31513 S2-31067
SILVER
PP-47424
R1-47778 S1-47213
R2-47989 S2-46850
CRUDE OIL
PP-3091
R1- 3120 S1-3071
R2- 3140 S2-3042
NATURAL GAS
PP-202.2
R1- 204.9 S1-197.9
R2- 209.2 S2-195.2
COPPER
PP-325.1
R1- 328.2 S1-324.3
R2- 329.7 S2-321.9
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