AAPL 169.89 0.5147% MSFT 399.04 -2.4495% GOOG 157.95 -1.9553% GOOGL 156.0 -1.9669% AMZN 173.67 -1.6535% NVDA 826.32 3.7087% META 441.38 -10.5613% TSLA 170.18 4.9652% TSM 136.58 2.7149% LLY 724.87 -1.0011% V 275.16 0.0509% AVGO 1294.42 2.9917% JPM 193.37 0.1502% UNH 493.86 1.3462% NVO 125.79 -0.2933% WMT 60.21 0.5679% LVMUY 167.91 -2.1618% XOM 121.35 0.2478% LVMHF 837.0 -2.6461% MA 462.11 -0.0843%

Global Commodity Technical Analysis Report

Commodities Market Witnessed Recovery, One Commodity Expected to Reverse from its Resistance Level – Silver

Mar 13, 2024

Global Commodity Market Wrap-Up

Last week, base metal commodities prices witnessed a rally and ended in the green. Gold prices traded in positive range with bullish momentum and settled with a weekly gain of ~5.28%. Moreover, Silver also given positive close ~5.07% and other base metals stayed on the positive side. Base metals are in limelight with China concern and closed in green last week, Copper and Lead prices witnessed a weekly gain of ~0.73% and ~3.19% and Zinc close in positive of ~4.75%.

On the Energy front, Natural Gas prices recovered from lower levels but lost weekly gain and settled at a weekly loss of ~1.63%. Moreover, Crude Oil prices faced resistance at higher level and settled with a weekly loss of ~2.45%. Meanwhile, agricultural commodities prices also closed on a positive note, US Sugar given a positive close of ~0.28%.

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