TODAY COMMODITY MARKET TRENDS AND NEWS OUTLOOK REPORT 27 JULY 2017.
Bullion - Opens on positive Note Gold -28560-28600 Silver -38400-38500
Energy - Opens on mixed Note Crude Oil -3128-3130 Natural Gas -188-188.40
Base Metals - Opens on positive Note Copper -409-409.50 Nickel -639.50-640 Lead -148.20-147.90 Zinc - 180.40-180.20 Aluminium -123.40-123.50
![]() |
| commodity tips |
Precious metals are trading higher on COMEX today. We expect prices to
trade higher for the day, with the dollar hovering close to 13-month lows hit
in the previous session after the U.S. Federal Reserve's statement following
its two-day policy meeting.
Industrial metals are trading mix on International bourses today. We expect
prices to trade range bound for the day, supported by a weaker dollar and
the potential for tighter scrap supply into China.
Crude oil is trading lower on NYMEX today. We believe prices to trade
range bound for the day, buoyed by hopes that a steeper-than-expected
decline in U.S. crude oil inventories will reduce global oversupply










0 comments: