TODAY COMMODITY MARKET OUTLOOK REPORT 05 OCTOBER 2016.

COMMODITY MARKET OUTLOOK

Gold dropped as a stronger dollar and signals that Fed might be closer to raising interest rates this year drove investors out of the precious metal.

Silver dropped weighed down by a stronger U.S. dollar following recent upbeat U.S. data continued to weigh on the precious metal.

Crude oil remained supported as the oil production freeze deal by OPEC continued to boost investors’ confidence.

Copper prices slipped as the dollar strengthened although improving signals from China's economy cushioned the fall.

Zinc prices dropped due to strength in the dollar and increased availability.

Nickel dropped as fears of supply issues following mine closures in Philippines are fading while there is talk that Indonesia could resume nickel ore exports.

Natural gas rebounded to end with gains after prices dropped as warm weather forecasts damp expectations for demand.

COMMODITY TIPS PROVIDERS.

Commodity Market update:-

GOLD

PP-30296

R1- 30651                                   S1-29691

R2- 31251                                   S2-29336

SILVER

PP-43515

R1-44460                                     S1-41935

R2-46040                                     S2-40990

CRUDE OIL

PP-3253

R1- 3287                                       S1-3232

R2- 3308                                       S2-3198

NATURAL GAS

PP-194.3

R1- 196.6                                      S1-192.8

R2- 198.1                                      S2-190.5

COPPER

PP-323.0

R1- 324.5                                      S1-320.8

R2- 326.7                                      S2-319.3