COMMODITY MARKET NEWS
Gold dropped as the dollar strengthened lifted by U.S. non-farm payrolls data that showed a slowing in hiring last month but an increase in wages.
Base Metal Silver dropped as strength in the U.S. dollar and equities in the wake of the monthly domestic jobs report dulled investment demand for the precious metal.
Crude oil gained as output cuts by OPEC members met with lingering concern that other producers could try to shirk their share of planned decreases.
Copper prices ended with gains as investors squared positions after a strong U.S. payrolls report.
Zinc prices recovered from lows despite of stronger dollar in the wake of strong manufacturing data from China.
Nickel steadied as investors squared positions after a strong U.S. payrolls report, even as they kept an eye on a Spices stronger dollar.
Natural gas gains recovering some of its losses on short covering after prices dropped in the week as mild weather replaced predictions of severe cold.
Gold dropped as the dollar strengthened lifted by U.S. non-farm payrolls data that showed a slowing in hiring last month but an increase in wages.
Base Metal Silver dropped as strength in the U.S. dollar and equities in the wake of the monthly domestic jobs report dulled investment demand for the precious metal.
Crude oil gained as output cuts by OPEC members met with lingering concern that other producers could try to shirk their share of planned decreases.
Copper prices ended with gains as investors squared positions after a strong U.S. payrolls report.
Zinc prices recovered from lows despite of stronger dollar in the wake of strong manufacturing data from China.
Nickel steadied as investors squared positions after a strong U.S. payrolls report, even as they kept an eye on a Spices stronger dollar.
Natural gas gains recovering some of its losses on short covering after prices dropped in the week as mild weather replaced predictions of severe cold.
Commodity
Market update:-
GOLD
PP-27898
R1- 27971 S1-27813
R2- 28056 S2-27740
SILVER
PP-40194
R1- 40685 S1-39850
R2- 41029 S2-39359
CRUDE OIL
PP-3672
R1- 3709 S1-3644
R2- 3737 S2-3607
NATURAL GAS
PP-223.7
R1- 228.3 S1-219.6
R2- 232.4 S2-215.0
COPPER
PP-382.0
R1- 385.6 S1-380.0
R2- 387.6 S2-376.4
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