Monday 8 April 2013

Commodity Market Update(Gold)


Bullions are trading marginally positive with Gold and Silver futures are trading higher by 0.15% each at $1578.30 and $27.26 respectively. We expect prices to remain in a range for rest of the trading hours. Base metals are trading mix with Copper on LME is trading higher by 0.90% at $7474.00 and Nickel is the top gaining commodities which is up by 1.45% at 16810.00. Energy prices are trading slightly positive with Crude Oil at $93.47, adding 0.83% or 77 cents and Natural Gas futures are trading at $4.164, higher almost a percent since the previous settlement.

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