TODAY COMMODITY MARKET NEWS & LEVELS OUTLOOK 22 March 2018.

Bullion - Opens on positive Note Gold -30530-30550 Silver -38800-38860

Energy - Opens on mixed Note Crude Oil - 4245-4250 Natural Gas -172.80-173

Base Metals - Opens on positive Note Copper -444.50-445 Nickel -879-880 Lead -156.50-156.40 Zinc - 212.60-212.30 Aluminium -135.70-135.80

Commodity Market News

Precious metals are trading higher on COMEX today. We expect prices to trade higher for the day as investors took profits after the yellow metal hit a two-week high in the previous session on a weaker dollar after the U.S. Federal Reserve disappointed investors expecting more hawkish comments on interest rate rises.

Industrial metals are trading higher on International bourses today. We expect prices to trade range bound to higher for the day, after the U.S. Federal Reserve signaled a slower pace of rate rises this year, which weighed on the dollar.

Crude oil is trading flat on NYMEX today. We expect prices to trade range bound for the day, lifted by a surprise draw on U.S. crude inventories as well as ongoing dollar weakness which makes oil cheaper in global markets and potentially spurs demand.