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Daily Commodity Market Updates

News in headline:

* Oil prices slide on Beijing COVID warning, inflation concerns

* Oil Extends Losses as Investors Weigh US Inflation, China Demand

* Ukraine grain exports via Poland, Romania face bottlenecks - deputy foreign minister

Chart of the day:

COPPER: COPPER is consolidating in the range of 775-798 where move above 785 can lead some upside towards 795-800 while if it slips below 775 it may head towards 770-767 zone.

Technical View:

* Bullion: Day trend is indicating sideways to upside in Gold & Silver.

* Energy: Day trend is indicating uptrend in Crude oil & sideways in Natural gas.

* Base metals: Day trend in base metal is indicating sideways to upside.

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