Thursday 20 December 2012

Commodity Market Update (Natural Gas)


Commodity Market Update (Natural Gas)
Bullions are trading a bit higher today after the last night’s decline in prices. Gold is trading up by 0.19% or $3.20 at $1670.80 and Silver is higher at $31.18, adding 0.17% or just 5 cents. Oil prices are trading lower today at $89.58, down by half a percent or 40 cents while Natural Gas is trading positive today, the front month contract on NYMEX is up by 1.5% at $3.36. Copper along with all other metals are trading in red with benchmark Copper contract on LME is at $7865.75, down 0.72%.
Data to watch: US Unemployment Claims, US Existing Home Sales, US Philly Fed manufacturing PMI

No comments:

Post a Comment