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Daily Currency Market Updates

News in headline:

* Oil prices climb on prospects for tighter supply as demand rises

* Oil steadies after choppy trade, U.S. says export ban not ruled out

* Oil Inventories Unexpectedly Climb by 0.6M Barrels Last Week: API

Chart of the day:

GOLD: GOLD continuing its bullish momentum where 51300-51400 is an immediate target level. On the downside 50900 intraday and immediate support level. While below 50900 lead further weakness toward 50700-50500 levels.

Technical View:

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

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

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

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