Oil Retailers Rebound | Today Commodity Market News Outlook Report 20 Apr 2018.

Bullion - Opens on negative Note Gold -31470-31480 Silver -40420-40400

Energy - Opens on negative Note Crude Oil - 4515-4520 Natural Gas -176.50-177

Base Metals - Opens on negative Note Copper -456-456.50 Nickel -965-968 Lead -154.20-154.35 Zinc - 212.50-213 Aluminium -162-162.50

Commodity Market News

MCX Gold futures traded flat Thursday, as Gold remained slightly softer Thursday after news that the current general activity index in the Philadelphia Fed’s manufacturing business outlook survey rose to 23.2 in April from 22.3.

MCX Silver price closed flat on Thursday. On a daily Chart, price has given “symmetrical pattern” upside breakout; which indicate a further bullishness in price.

MCX Copper prices closed down on Thursday amid a bout of technical selling, although the outlook remains positive with demand expected to peak in the next few months.

Zinc prices closed down on Thursday. On the 4 hour chart, Price has taken support of falling trend line, which indicate price and given further pull back from there; which indicate a reversal move in the price.

MCX Crude prices up on Thursday Crude Oil Price Jumps on Inventory Drawdown. On the other hand, price has given “ascending trendline "breakout and has taken trend line support, which indicate positive strength in the prices In addition.