OIL MARKETS STABLE | TODAY COMMODITY MARKET NEWS OUTLOOK REPORT 10 NOV 2017.



Bullion - Opens on mixed Note Gold -29600-29625 Silver -39660-39670 

Energy - Opens on mixed Note Crude Oil -3710-3715 Natural Gas -209.50-209 

Base Metals - Opens on mixed Note Copper -443-444 Nickel -803-800 Lead -164.90-165 Zinc - 209.60-209.50 Aluminium -135.90-136




Gold was higher on Thursday as a weaker dollar pushed prices during the session to a three-week high for the second time in successive days, while palladium dipped but stayed close to 16-year peak hit during the session.

We expect silver prices to trade positive on the back of concerns over the arrests of some Saudi royal family members and ministers on corruption charges.

Oil prices rose nearly 1 percent on Thursday, supported by supply cuts by major exporters as well as continuing concern about political developments in Saudi Arabia. 

We expect Natural gas prices to trade sideways on the back of profit booking after up-move in prices.

We expect base metal prices likely to trade volatile on the back of largely speculative trading. 

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