DAILY MARKET WRAPUP COMMODITY
OPEN
HIGH
LOW
CLOSE
SILVER
39248
39272
38925
39149
GOLD
29250
29336
29209
29318
CRUDEOIL
3426
3513
3411
3501
NATURALGAS
198.70
199.20
192.50
194.20
ZINC
211.00
211.50
207.35
209.85
LEAD
160.15
160.15
156.85
157.10
ALLUMINIUM
141.25
141.25
137.95
140.55
COPPER
452.85
453.00
442.65
445.80
NICKEL
751.00
752.60
737.60
750.00
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COMMODITY NEWS
Gold prices pared loss to trade above break even on Friday following a surge in the dollar after data showed economic growth remained robust in the third quarter pointing to underlying strength in the U.S. economy. The upbeat growth sparked a surge in both the dollar and U.S. treasury yields which limited gains in gold prices a id o goi g speculatio co cer i g Preside t Do ald Tru p’s choice of ca didate for the Fed’s top post. crude oil prices jumped about 2 percent on Friday, with global benchmark Brent
crude rising above $60 per barrel, on support among the world's top producers for extending a deal to rein in output and as the dollar retreated from three-month peaks. Saudi Arabia and Russia declared their support for extending an OPEC-led deal to cut supplies for another nine months, the Organization of the Petroleum Exporting Countries' secretary general said ahead of the group's next policy meeting on Nov. 30. The pact currently runs to March 2018.
GOLD TECHNICAL UPDATE MCX GOLD DEC 2017
Researcher View The below Daily chart of Gold suggest to prices have move downward. RSI is in Sell mode. We expect prices to correct up to levels of 29120.
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CRUDEOIL TECHNICAL UPDATE MCX CRUDEOIL NOV 2017
Researcher View The above Daily chart of Crude oil suggests that prices have move upward. RSI is in buy mode. We expect prices to correct up to levels of 3540
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