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

Profit booking with Mixed Sentiment in commodities, one commodity is expected to bounce back from its support level – Wheat.

Jan 17, 2024

Global Commodity Market Wrap-Up

Last week, commodities prices witnessed a mixed reaction. Profit booking in metals and a rally in energy. Gold prices recovered from weekly lows and managed to close in green and settled with a weekly gain of ~0.20% and Silver gained ~0.17% and other base metals also seen profit booking. Base metals ended in a negative gain last week, Zinc and Copper prices witnessed a weekly loss of ~1.74% and ~1.59% and Lead manages a positive close of ~0.72%.

On the Energy front, Natural Gas prices continued its rally and settled at a weekly gain of 14.52%. Moreover, profit booking in Crude Oil and prices settled with small negative of ~1.53%. Meanwhile, agricultural commodities prices also closed with a negative note, but Sugar managed to give a positive close of 2.37%.

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