AAPL 183.36 5.9701% MSFT 406.8 2.2522% GOOG 169.01 0.3265% GOOGL 167.21 0.3541% AMZN 186.235 0.8202% NVDA 887.83 3.4562% META 452.05 2.3479% TSLA 181.14 0.6277% TSM 141.56 3.9125% LLY 734.97 -2.7702% V 268.47 0.3214% AVGO 1278.11 3.1924% JPM 190.51 -0.6% UNH 492.45 -0.1055% NVO 123.05 -0.7821% WMT 59.82 0.1842% LVMUY 168.5 2.1584% XOM 116.02 -0.1893% LVMHF 841.0 1.8789% MA 443.58 0.5622%

Global Commodity Technical Analysis Report

Recovery in Base Metal Commodities, one commodity is expected to bounce back from its support level – Corn.

Feb 21, 2024

Global Commodity Market Wrap-Up

Last week, commodities prices witnessed recovery in base metals prices and profit booking in energy. Gold prices weakened, losing momentum and settled with a weekly loss of ~0.72%. Moreover, Silver gained ~3.90% and other base metals rallied from lower levels. Base metals ended in a positive gain last week, Lead and Zinc prices witnessed a weekly gain of ~1.30% and ~3.02% and Copper also closed in positive ~4.12%.

On the Energy front, Natural Gas prices continued their downtrend due to poor demand and settled at a weekly loss of ~12.89%. Moreover, Crude Oil prices settled with a weekly gain of ~2.20%. Meanwhile, agricultural commodities prices also closed on a negative note, due to higher inventory data from the US.

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