05-11-2023 10:25 AM | Source: Swastika Investmart Ltd
Base metals: Day trend is indicating sideways to upside in all base metals - Swastika Investmart Ltd
News By Tags | #473 #2911

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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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