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, Two Commodity Expected to give Fresh Breakout Rally  – Silver & Aluminium

Apr 17, 2024

Global Commodity Market Wrap-Up

Last week, base metal commodities prices witnessed recovery from lower levels and ended in the green. Gold prices traded in a positive range with bullish momentum and settled with a weekly gain of ~1.22%. Moreover, Silver also gave a positive close of ~3.01% and other base metals stayed on the positive side. Base metals also closed in green last week, Copper and Lead prices witnessed a weekly gain of ~0.53% and ~2.25% and Zinc closed in positive of ~8.73%.

On the Energy front, Natural Gas prices recovered from lower levels but faced resistance at higher levels and closed in a weekly loss of ~0.84%. Moreover, Crude Oil prices traded higher due to global conflict concerns and settled with a weekly loss of ~1.44%. Meanwhile, agricultural commodities prices also closed on a negative note, with US Sugar traded negative and fell by ~7.00%.

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