MCX TIPS | TODAY COMMODITY MARKET UPDATES

COMMODITY MARKET OUTLOOK

Gold prices settled flat as a strong dollar limited gains, but prices notched its first weekly rise in four as seasonal demand from Asia kicked in.

Base Metal Silver prices ended with small gains as rising demand was offset by a strong dollar.

Crude oil edged higher as Russia reiterated its commitment to joining a producers' output freeze to stem a two-year slide in prices.

Copper prices dropped to the third weekly fall amid persistent signs of oversupply in the market. Zinc prices ended with losses continuing its weak trend on worries about falling demand.

Nickel prices extended its weak trend as industrial production in the Asian nation fell short of estimates.

Natural gas prices fell to a new two-week low under pressure from high stockpile levels and concerns over demand amid warm weather forecasts.

GOLD

PP-29990

R1- 30010                                   S1-29845

R2- 30075                                   S2-29745

SILVER

PP-41947

R1-42078                                     S1-41826

R2-42199                                     S2-41695

CRUDE OIL

PP-3400

R1- 3427                                      S1-3376

R2- 3451                                      S2-3349

NATURAL GAS

PP-203.7

R1- 206.4                                      S1-198.8

R2- 211.4                                      S2-196.0

COPPER

PP-311.2

R1- 312.1                                      S1-310.1

R2- 313.2                                      S2-309.2