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Below the Quote on Weekly Commodity by Mr. NS Ramaswamy, Head of Commodities & CRM, Ventura

Gold - Gold came under pressure and is down more than 2% for the week. A stronger US dollar, higher Treasury yields and expectations of tighter US monetary policy weighed on prices. Next Week Outlook: Gold may remain range-bound to mildly bearish if the dollar and bond yields stay firm. A fall in yields or a weaker dollar could provide support. Key Levels – COMEX: Support $4,200–$4,250 | Resistance $4,360–$4,450. Key Levels – MCX: Support Rs 1,49,000–Rs 1,50,000 | Resistance Rs 1,53,000–Rs 1,54,000.

Silver - Silver remained under pressure along with gold and was trading around $63– 64/oz. Next Week Outlook: Silver is likely to remain volatile and may see consolidation. Direction will depend mainly on the dollar, US rate expectations and gold's trend. Key Levels – COMEX: Support $63 | Resistance $66–$67. MCX: Support Rs 2.30–Rs 2.32 lakh | Resistance Rs 2.38–Rs 2.45 lakh.

Crude Oil - Crude oil remained highly volatile. Brent was around $105–106/bbl, while WTI was around $93/bbl. Geopolitical developments continued to influence prices. Next Week Outlook: Crude could remain in a wide range. Any disruption to oil supplies could push prices higher, while progress towards supply normalization could lead to profit-taking. Key Levels – Brent: Support $95–$98 | Resistance $108–$110. WTI: Support $85–$88 | Resistance $95–$98. MCX Crude: Support Rs 9,000 | Resistance Rs 9,350–Rs 9,500.

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