MCX TIPS | TODAY COMMODITY MARKET UPDATES 21 SEPTEMBER 2016.

COMMODITY MARKET OUTLOOK

Gold steadied ahead of a two-day U.S. Federal Reserve meeting that investors are betting will leave interest rates unchanged.

Base Metal Silver rose as the dollar dropped ahead of a two-day U.S. Federal Reserve meeting that investors are betting will leave interest rates unchanged.

Crude oil dropped as market players shifted their focus to weekly data from the U.S. on stockpiles of crude and refined products.

Copper gained as the dollar softened and China's property boom also lent support to prices.

Zinc prices continued its positive trend amid expectations for a supply shortage.

Nickel gained on prospects that more Philippine mines may be suspended when the results of an environmental audit are announced this week.

Natural gas soared amid forecasts for warmer than normal temperatures across most parts of the continental U.S. in the days ahead.

Commodity Market update:-

GOLD

PP-30950

R1- 31024                                    S1-30850

R2- 31124                                    S2-30776

SILVER

PP-46078

R1-46305                                    S1-45911

R2-46472                                    S2-45684

CRUDE OIL

PP-2951

R1- 2996                                    S1-2911

R2- 3030                                    S2-2867

NATURAL GAS

PP-201.3

R1- 206.3                                    S1-198.6

R2- 209.0                                    S2-193.6

COPPER

PP-323.9

R1- 325.7                                    S1-322.6

R2- 327.0                                    S2-320.8

Commodity market updates, Base metal services, Energy segments, MCX market tips.

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