BULLION MARKET NEWS | TODAY COMMODITY MARKET UPDATE 25 OCTOBER 2016.

COMMODITY MARKET OUTLOOK

Gold prices slipped as the dollar strengthened on growing speculation that the U.S. Federal Reserve would hike interest rates in December.

 Base Metal Silver prices gains tracking base metals prices despite gold dropped amid stronger dollar and rising expectations of a Fed rate hike.

Crude oil dropped on news of the impending restart of Britain's Buzzard oilfield and Iraq's wish to be exempted from OPEC production cuts.

Copper settled flat as pressure continues amid a stronger dollar and expectations of ample supply next year.

Zinc prices ended with gains fueled by a rise in risk appetite by investors.

 Nickel gained amid strong demand for stainless steel as well as the anticipated tightening of output from Philippines Spices following an audit of mine operations.

Natural gas dropped as forecasts for unseasonably warm weather spurred concern that a mild winter will erode demand for the heating fuel.

GOLD

PP-29799

R1- 29868                                   S1-29693

R2- 29974                                   S2-29624

SILVER

PP-42186

R1-42441                                     S1-41802

R2-42825                                     S2-41547

CRUDE OIL

PP-3368

R1- 3404                                      S1-3320

R2- 3452                                      S2-3284

NATURAL GAS

PP-195.9

R1- 201.0                                      S1-186.2

R2- 210.7                                      S2-181.1

COPPER

PP-311.4

R1- 312.1                                      S1-309.9

R2- 314.6                                      S2-308.7