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Daily Commodity Market Updates

News in headline:

* U.S. Supreme Court limits federal power to curb carbon emissions

* Oil prices rise after falling 3% in previous session

* Argentina trucker strike ends, boosting grains exports

Chart of the day:

GOLD:

GOLD is consolidating in the range of 50400-50800 where move above 50800 can lead some upside towards 51200-51350 while if it slips below 50400 it may head towards 50200-50000 zone.

Technical View:

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

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

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

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