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17 Jan 2017 | 4:08 PM
Research Report

Commodity Research Report: Metals and Energy Weekly Report (Apr 25 - Apr 29, 2016)

Gold prices consolidated last week while silver surged to reach 11-month high of $17.70 before retreating to $16.8/ounce. However, recovery in the dollar index from its 6-month’s low post ECB conference exerted pressure on gold and silver prices at higher level. Crude oil prices surged last week after oil workers in Kuwait went on 3 days strike. Also copper surged by more than 5 percent at MCX amid optimism that demand is improving in China, the world’s biggest user.
25 Apr 2016 | 07:41 PM

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