Today Commodity Marekt News & Levels Outlook 09 April 2018.


Bullion - Opens on mixed Note Gold -30660-30650 Silver -38300-38340 

Energy - Opens on mixed Note Crude Oil - 4040-4044 Natural Gas -174.50-174.80 

Base Metals - Opens on negative Note Copper -438-437.50 Nickel -853-854 Lead -154.80-155 Zinc - 210.20-209.50 Aluminium -134-133.50


MCX Gold prices closed up on Friday, recovered in second half of the session and traded near the previous close. On the daily chart, MCX Gold has been trading between two congestive trendline and treading in the rang of 31000-30200.

MCX Silver price closed flat on Friday. Overall, daily MCX Silver has formed “Symmetrical Triangle’’ formation; which is a indecisive in nature while global sentiment are positive for bullion.

MCX Copper prices closed flat on Friday. as recent tariff announcements by the U.S. and China are negotiating tactics and the countries will ultimately reach a compromise.

MCX lead prices closed flat on Friday, recovered in second half of the session and traded near the previous. daily MCX lead has formed “Symmetrical Triangle’’ formation and trading in the rage of 158- 151 only breakout of the range will decide the trend of the counter.

MCX Crude Oil prices closed down on Friday as escalating trade tensions between the world’s foremost economies threatens growth that drives energy demand.

MCX Natural Gas prices are struggling within a range bound momentum; where it is unable to break upper range of Rs.180 level while on downside Rs.162 level. 

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