TODAY COMMODITY MARKET NEWS OVERVIEW REPORT 17 NOV 2017.
Bullion - Opens on negative Note Gold -29380-29400 Silver -39700-39600
Energy - Opens on negative Note Crude Oil -3580-3582 Natural Gas -199.50-199.70
Base Metals - Opens on negative Note Copper -437.50-438 Nickel -744-745 Lead -156.20-156.50 Zinc - 206.50-207 Aluminium -136.50-137
Precious metals are trading flat on COMEX today. We expect prices to trade
higher for the day as besides strong U.S. data .We expect prices to trade
higher for the day.
Oil prices fell on Thursday on
increased concerns about growth
in U.S. production and
inventories, despite expectations
that major world producers will
extend a supply-cut deal later this
month.
Crude oil is trading flat on NYMEX today. We expect prices to trade lower
for the day as we are continue built of U.S. crude oil inventories.
Precious Metal prices were slightly
lower on Thursday, trading in a
tight range as the U.S. House of
Representatives passed its version
of sweeping tax cuts and investors
weighed possible changes in fiscal
policy against the impact of an
expected rise in U.S. interest rates
Share story
0 comments: