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Daily Commodity Market Updates

News in headline:

* Oil prices inch higher ahead of U.S. inventories data

* High fuel prices could erode public support for energy transition, Chevron CEO says

* Oil Inventories in Surprise 1.8M Barrel Increase Last Week: API

Chart of the day:

SILVER: SILVER is consolidating in the range of 61300-62900 where move above 62900 can lead some upside towards 63200-63500 while if it slips below 61300 it may head towards 61000-60700 zone.

Technical View:

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

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

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

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