Neal Bhai Get our expert opinion on short term outlook on commodities based on technical analysis. Weekly commodity insights and forecast.
Gold Silver Reports → Copper on MCX settled down -1.35% at 314.25 slid for a seventh straight session on Monday to its lowest in a month as a strong U.S. jobs-report raised the likelihood of interest rate hikes soon and concerns remained over demand in top consumer China.
Gold Silver Reports ~ Base metals may trade sideways on mixed fundamentals. Copper MCX may trade in range of
Gold Silver Reports – Natural gas on MCX settled down -3.12% at 111 as warmer temperatures in the Northeast and Midwest last week cut demand for natural gas sharply.
Gold Silver Reports – Gold trades lower as sentiment in equity markets continues to improve. A stronger INR too weighs on domestic prices. Investment demand meanwhile continues to support prices with SPDR holdings at highest since September 2014.
