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 Recovery, One Commodity Expected to Reverse from its Resistance Level – Silver

Mar 13, 2024

Global Commodity Market Wrap-Up

Last week, base metal commodities prices witnessed a rally and ended in the green. Gold prices traded in positive range with bullish momentum and settled with a weekly gain of ~5.28%. Moreover, Silver also given positive close ~5.07% and other base metals stayed on the positive side. Base metals are in limelight with China concern and closed in green last week, Copper and Lead prices witnessed a weekly gain of ~0.73% and ~3.19% and Zinc close in positive of ~4.75%.

On the Energy front, Natural Gas prices recovered from lower levels but lost weekly gain and settled at a weekly loss of ~1.63%. Moreover, Crude Oil prices faced resistance at higher level and settled with a weekly loss of ~2.45%. Meanwhile, agricultural commodities prices also closed on a positive note, US Sugar given a positive close of ~0.28%.

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