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11/05/2023 10:25:21 AM | Source: Swastika Investmart Ltd
Base metals: Day trend is indicating sideways to upside in all base metals - Swastika Investmart Ltd
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Base metals: Day trend is indicating sideways to upside in all base metals - Swastika Investmart Ltd

COMMODITY OUTLOOK

DAILY COMMODITY MARKET UPDATES

NEWS IN HEADLINE

* Cluster of Chinese vessels spotted near Russian rig off Vietnam - ship monitors

* Oil rises on softer dollar, weak Chinese data limits gains 

* Oil prices rise on strong fuel demand data

CHART OF THE DAY

 

NATURALGAS:

NATURALGAS is consolidating in the wide range of 165-200 where move above 200 can lead some upside towards 210-215 while if it slips below 165 it may head towards 160-155 zone.

OUTLOOK:

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

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

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

 

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Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here