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 Witnessed Rally, One Commodity Expected to Reverse from its Support Level – US Sugar No. 11

Apr 10, 2024

Global Commodity Market Wrap-Up

Last week, metal commodities prices witnessed an extended rally, and closed in positive gains. Gold prices traded in a positive range and settled with a weekly gain of ~4.78%. Moreover, Silver also rallied and closed at ~10.38% and other base metals also saw a rally. Base metals ended in green last week. Copper and Zinc prices witnessed a weekly gain of ~5.89% and ~8.16% and Lead closed in positive of ~3.31%.

On the Energy front, Natural Gas prices trading in range bound zone due to weaker demand and settled at a weekly gain of ~1.25%. Moreover, Crude Oil prices also recovered from the lower level and settled with a weekly gain of ~4.25%. Meanwhile, agricultural commodities prices traded negatively and closed in the negative zone and US Sugar also faced resistance and closed in negative of ~2.35%.

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