RY 161.29 0.8315% SHOP 116.7 1.6108% TD 83.65 0.553% ENB 61.82 1.2613% BN 68.755 0.8729% TRI 248.88 1.754% CNQ 38.22 0.6054% CP 103.1 0.4775% CNR 138.9 -0.0576% BMO 129.44 1.1013% BNS 65.52 0.7845% CSU 4654.3901 1.9582% CM 81.81 1.3755% MFC 40.37 1.0766% ATD 69.68 -0.9805% NGT 76.14 0.2106% TRP 67.93 2.0123% SU 46.68 0.4735% WCN 273.82 0.8397% L 206.99 -1.499%

Global Commodity Technical Analysis Report

Bullish Momentum in Commodities Market Last Week, One Commodity Below Resistance Level – Natural Gas

Apr 14, 2025

NG
Investment Type
Commodity
Risk Level
Action
Rec. Price (US$)

Global Commodity Market Wrap-Up

Last week, the metals market experienced strong bullish momentum ahead of key macroeconomic developments, leading to a sharp recovery in precious and base metals. Gold surged by 6.89% amid strong demand for safe-haven assets, while silver gained 9.15%, reflecting heightened investor uncertainty. Base metals followed the trend—copper climbed 4.47%, lead edged up 0.47%, and zinc slipped 0.28%—as global economic concerns weighed on market sentiment. The mixed performance across the sector highlights growing caution, with geopolitical tensions and monetary policy uncertainty expected to fuel further volatility in the near term.

Last week, natural gas prices declined by 7.50% amid supply constraints and easing seasonal demand. Crude oil posted a sharp drop of 1.22%, pressured by market uncertainty and shifting investor sentiment. In the agricultural space, U.S. sugar prices slipped 0.63%, aligning with a broader downtrend across soft commodities. These movements highlight the ongoing supply-demand imbalances and increased volatility across energy and agricultural markets. With global economic instability, supply disruptions, and changing consumption patterns, investors remain cautious, and similar fluctuations are likely to continue in the near term.

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