Today Commodity Market News & Levels Update 14 FEB 2018.



Bullion - Opens on positive Note Gold -30250-30300 Silver -38250-38300 

Energy - Opens on negative Note Crude Oil - 3795-3800 Natural Gas -167.50-168 

Base Metals - Opens on mixed Note Copper -447.50-448 Nickel -863-464 Lead -164.30-164.50 Zinc - 223.25-223.50 Aluminium -137-137.20




Precious metals are trading higher on COMEX today. We expect prices to trade higher for the day, buoyed by a weaker dollar, while investors awaited U.S. inflation data for clues on the pace of future U.S. interest rate increases.


Industrial metals are trading higher on International bourses today. We expect prices to trade higher for the day as traders took up new positions in the metal before the Shanghai Futures Exchange (ShFE) closes for a weeklong holiday.


Crude oil is trading flat on NYMEX today. We expect prices to trade range bound for the day, supported by healthy economic growth and expectations that a weaker dollar could spur fuel demand.


Base metals miner Central Asia Metals (CAML) is on the hunt for a new copper project in Southern Africa for up to $400 million in what would be its first foray into the continent, its chief executive said.

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