COMMODITY
MARKET OUTLOOK
Gold prices fell as U.S. dollar and stocks rallied after FBI cleared
Democratic presidential candidate Hillary Clinton of criminal charges.
Base Metal Silver prices dropped as demand for safe-haven assets ebbed
after the FBI said that no charges were warranted against Hillary.
Crude oil
gained boosted by a commitment from OPEC to stick to a deal to cut output.
Copper prices gained in step with a firmer Shanghai futures contract as
U.S. presidential candidate Hillary Clinton averted charges over use of emails.
Zinc prices ended with gains due to expected supply deficits in the
market.
Nickel prices gained on the back of positive outlooks for steelmaking raw
materials coking coal and iron ore.
Natural gas remained supported as market players looked ahead to cold
weather forecast in U.S. which should boost demand.
Commodity
Market update:-
GOLD
PP-30198
R1- 30391 S1-29886
R2- 30703 S2-29696
SILVER
PP-42907
R1- 43205 S1-42635
R2- 43477 S2-42337
CRUDE OIL
PP-2976
R1- 3000 S1-2943
R2- 3033 S2-2919
NATURAL GAS
PP-188.9
R1- 191.6 S1-185.3
R2- 195.2 S2-182.6
COPPER
PP-339.2
R1- 343.5 S1-337.0
R2- 345.7 S2-332.7
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