Copper Prices Hammered by Bleak Economic Outlook, Gold Dips - Swastika Investmart
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Daily Commodity Market Updates
News in headlines:
* Copper Prices Hammered by Bleak Economic Outlook, Gold Dips
* Oil Hovers Near 6-Mth Lows as China Woes, Saudi Supply Glut Weigh
* Oil prices fall as recessionary worries weigh on demand outlook
Chart of the day:
COPPER
COPPER: COPPER is consolidating in the range of 677-673 where move above 677 can lead some upside towards 682-686 while if it slips below 673 it may head towards 665-660 zone.
Technical View:
* Bullion: Day trend is indicating sideways in Gold & Silver.
* Energy: Day trend is indicating uptrend in Crude oil & Natural gas.
* Base metals: Day trend is indicating sideways to upside in all base metals.
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