AAPL 209.68 -3.3644% MSFT 378.77 -1.1741% NVDA 115.58 -0.1382% GOOGL 162.76 -2.6031% GOOG 164.73 -2.5266% AMZN 193.89 -2.514% META 590.64 -4.6678% AVGO 191.36 -1.4776% LLY 801.65 -2.4591% TSLA 240.68 -2.9868% TSM 171.59 -3.1495% V 328.55 -1.2889% JPM 225.19 -1.1891% UNH 481.52 0.0852% NVO 75.89 1.4708% WMT 84.5 -0.8216% LVMUY 129.76 -2.7942% XOM 108.67 -0.4215% LVMHF 655.0 -2.0693% MA 519.83 -0.9168%
AAPL 209.68 -3.3644% MSFT 378.77 -1.1741% NVDA 115.58 -0.1382% GOOGL 162.76 -2.6031% GOOG 164.73 -2.5266% AMZN 193.89 -2.514% META 590.64 -4.6678% AVGO 191.36 -1.4776% LLY 801.65 -2.4591% TSLA 240.68 -2.9868% TSM 171.59 -3.1495% V 328.55 -1.2889% JPM 225.19 -1.1891% UNH 481.52 0.0852% NVO 75.89 1.4708% WMT 84.5 -0.8216% LVMUY 129.76 -2.7942% XOM 108.67 -0.4215% LVMHF 655.0 -2.0693% MA 519.83 -0.9168%

Global Commodity Technical Analysis Report

Mixed Performance in Commodity Market Last Week, One Commodity Expected to Hold Support Level – US Coffee

Nov 10, 2024

coffee
Investment Type
Commodity
Risk Level
Action
Rec. Price (US$)

 Global Commodity Market Wrap-Up

Last week, the metals market experienced mixed performance, with precious and base metals both facing declines. Gold lost momentum after reaching its peak, falling 1.98%, while silver saw a sharper decline of 3.77%. Base metals also struggled, with copper down 1.58%, lead dropping 1.62%, and zinc falling 3.55%. This shift from the previous week’s stability indicates a move toward a more neutral market sentiment, reflecting evolving investor attitudes and differing demands across various metal categories.

Last week, natural gas prices saw a slight increase of 0.23%, driven by supply factors and seasonal demand patterns. Crude oil prices gained 1.28%, bolstered by ongoing market uncertainty and shifting investor sentiment. In contrast, the agricultural sector faced mixed outcomes, with U.S. sugar prices surging 3.67%, defying broader bearish trends in other agricultural commodities. This divergence across the energy and agricultural markets reflects varying supply and demand pressures, with investors adjusting to changing global conditions and economic uncertainty, signaling a cautious but dynamic market environment.

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