RY 139.89 0.8943% TD 76.9 1.2242% SHOP 86.16 -18.5248% CNR 172.89 0.5818% ENB 51.15 1.1269% CP 112.14 0.5199% BMO 127.56 0.9816% TRI 229.43 0.1528% CNQ 105.96 1.0105% BN 60.44 0.683% ATD 75.02 0.4015% CSU 3820.47 1.7341% BNS 65.64 1.4685% CM 66.73 1.3364% SU 53.67 0.4304% TRP 52.0 1.069% NGT 57.07 0.3693% WCN 227.19 0.0528% MFC 33.6 0.9919% BCE 46.16 0.5445%

Global Commodity Technical Analysis Report

Commodities witnessed Profit Booking, One Commodity Expected to bounce back from its Support Level – Natural Gas

Feb 07, 2024

Global Commodity Market Wrap-Up

Last week, commodities prices witnessed profit booking in all segment. Gold price remains positive due to economic events with sideways to positive direction and settled with a weekly gain of ~0.93%. Moreover, Silver losses ~0.33% and other base metals seen profit booking. Base metals ended in a negative last week, Copper and Lead prices witnessed a weekly loss of ~0.87% and ~1.29% and Copper witnessed a sharp correction and closed in weekly loss of ~1.29%.

On the Energy front, Natural Gas extended Weekly loss and settled at a weekly loss of ~4.41%. Moreover, Crude Oil prices settled with a weekly loss of ~7.35%. Meanwhile, agricultural commodities prices also closed on a negative side, but US Sugar managed to give a positive close of ~0.50%.

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