Monday 22 April 2013

Commodity Market Update (Gold)


Precious metals are trading higher today, the actively traded Gold futures is at $1433.61 added 2.14% or $29.60 at the time of writing this. Silver near month contract is at $23.58 an ounce, higher by 2.70% till now. We expect Gold and Silver to trade in a range for the day. Base metals across the LME are trading lower while Lead and Nickel are marginally positive to trade at $2020.00 and 15251.00 respectively. Copper is at $6934.75, lower by 0.82%. On NYMEX Crude Oil is at $88.79, higher by 80 cents and Natural Gas is at $4.32, lower by 1.80%.

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