TODAY COMMODITY MARKET LEVEL REPORT 07 NOV 2017.

COMMODITY MARKET OUTLOOK

Gold dropped but prices recovered from lows in response to a lower dollar and also uncertainty about the outcome of a tight U.S. presidential race.

Base Metal Silver prices ended with losses as investors locked in gains ahead of a key U.S. economic data at the end of the week.

Crude oil dropped triggered by a surge in U.S. crude inventories and doubts over the ability of producers to coordinate output cuts.

Copper gained hitting a three-month high supported by a weaker dollar and buying from computer-driven speculative funds.

Zinc prices gained supported by Chinese economic data that pointed to robust demand for industrial metals.

Nickel gained supported by a weaker dollar and buying from computer-driven speculative funds.

Natural gas dropped as warmer-than-average temperatures have weighed despite storage supplies storage in U.S. rose slightly less than forecast.

Commodity Market update:-

GOLD

PP-30447

R1- 30668                                    S1-30245

R2- 30890                                    S2-30004

SILVER

PP-43356

R1- 44052                                    S1-42653

R2- 44755                                    S2-41957

CRUDE OIL

PP-3005

R1- 3042                                     S1-2940

R2- 3107                                     S2-2903

NATURAL GAS

PP-186.4

R1- 190.1                                    S1-182.9

R2- 193.6                                    S2-179.2

COPPER

PP-330.8

R1- 333.8                                    S1-329.1

R2- 335.5                                    S2-326.1