COMMODITY
MARKET OUTLOOK
Gold prices rallied as investors fled risk assets and sought
refuge in safe-haven gold amid rising geopolitical tensions.
Silver rallied as support seen after investors fled risk assets
and sought refuge in safe-haven gold amid rising geopolitical tensions.
Crude oil finished higher as prices rebounded on talk of a
possible extension to the OPEC-led production cut agreement.
Copper traded in range weighed down by concerns about oversupply
as the world's top two copper mines look to recover from disruptions.
Zinc fell to a new three-month trough as the market focus is on
receding supply worries.
Nickel dropped as the two biggest nickel miners in the
Philippines, said prices for the metal would be robust this year Spices due to
growing demand from China.
Natural gas dropped to settle at 203.90 posted its biggest losses
in four weeks as traders cautious about whether.
COMMODITY MARKET
LEVELS:-
GOLD
P. POINT- 29062
S1 -28895 R1-29359
S2 -28589 R2-29526
SILVER
P. POINT-41928
S1 - 41581
R1-42535
S2 - 40974
R2-42882
COPPER
P. POINT-372
S1- 370 R1-375
S2- 367 R2-377
NATURAL GAS
P. POINT-206
S1 -201 R1-208
S2 -198 R2-213
CRUDE OIL
P. POINT-3437
S1 -3418
R1-3467
S2 -3388
R2-3486

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