Wednesday 8 May 2013

Commodity Market Update: (Crude Oil)

Gold and Silver prices are trading flat today, the most actively traded Gold on CMX is at trading at $1451.00, just adding $2.00 at the time of writing this and Silver is at $23.74, lower by 0.25% or $23.75 an ounce. The near term outlook on Gold and Silver is still bearish as prices failed to cross the significant resistance on its last session. On base metals prices traded higher, copper is at $7320.00 which is higher by 0.63%.Crude Oil and Natural Gas is trading lower by 0.22% or 0.28% at $95.40 and $3.90 respectively.

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