RY 139.14 0.5492% TD 75.13 0.4412% SHOP 105.68 3.7502% CNR 172.48 2.0773% ENB 50.14 0.8245% CP 111.43 2.145% BMO 127.18 1.9152% TRI 228.41 1.3714% CNQ 103.87 1.7336% BN 59.7 2.3838% ATD 75.25 0.3467% CSU 3750.01 3.0786% BNS 64.82 1.0759% CM 66.11 0.9159% SU 53.13 1.6648% TRP 51.39 -0.0972% NGT 56.61 1.7434% WCN 227.64 1.3355% MFC 33.42 1.7042% BCE 45.86 -0.2176%

Global Commodity Technical Analysis Report

Commodities market trading in mixed direction, One Commodity Expected to bounce back from its Support Level – Natural Gas

Jan 24, 2024

Global Commodity Market Wrap-Up

Last week, commodities prices witnessed minor profit booking. Gold prices price eased from its peak levels, losing momentum and settled with a weekly loss of ~0.99%. Moreover, Silver losses ~2.66% and other base metals also seen profit booking. Base metals ended in a negative gain last week, Copper and Zinc prices witnessed a weekly loss of ~0.61% and ~2.19% and Lead managed to close in positive of ~0.69%.

On the Energy front, Natural Gas prices fell sharply and settled at a weekly loss of ~23.97%. Moreover, Crude Oil prices recovered and settled with a weekly gain of ~0.63%. Meanwhile, agricultural commodities prices also closed on a slightly negative note, but US Sugar managed to give a positive close of 9.07%.

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