AAPL 190.415 0.3663% MSFT 422.65 -0.1016% GOOG 175.36 0.8512% GOOGL 174.14 0.9449% AMZN 185.71 -0.1505% NVDA 943.46 -0.3001% META 473.555 -1.6582% TSLA 174.87 0.5058% TSM 154.06 -0.977% LLY 776.1758 -1.3779% V 280.145 -0.2972% AVGO 1436.4972 0.0228% JPM 204.205 1.0366% UNH 522.225 0.9033% NVO 133.03 -1.2105% WMT 63.485 6.109% LVMUY 170.79 -0.2511% XOM 117.87 -0.5988% LVMHF 855.728 -0.1473% MA 461.6867 0.805%
Last week, commodities prices witnessed a mixed reaction with profit booking in metals and a rally in energy. Gold prices price eased from its peak levels, losing momentum and settled with a weekly loss of ~0.97%. Moreover, Silver losses ~3.06% and other base metals also seen profit booking. Base metals ended in a negative gain last week, Lead and Zinc prices witnessed a weekly loss of ~3.59% and ~0.50% and Copper ~1.12%.
On the Energy front, Natural Gas prices continues its rally and settled at a weekly gain of 15.08%. Moreover, Crude Oil prices settled with a weekly gain of 3.01%. Meanwhile, agricultural commodities prices also closed on a negative note, but Sugar managed to give a positive close of 2.58%.
As the holidays are over and volume is expected to increase in the current week. Most commodities are trading with a negative tone. The precious metals prices are trading in a negative direction. On the energy front we have seen a good recovery from lower levels, Corn is near to its support level and expected to give a reversal from its bearish momentum. However, Crude Oil prices are trading in range bound zone with positive momentum. The agricultural commodities basket is trading in a negative tone also.
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