Monday 5 August 2013

Commodity Market Update (Gold)


On CMX, precious metals are trading silent since morning with Gold trading at 1310.10, down 20 cents while Silver is losing almost half a percent or 9 cents to trade at 19.825 an ounce. Base metals are trading lower since morning except Lead, which is gaining 0.57% or 12.0 to trade at 2126.0. LME Copper is trading in red at 6979.0, down 27.50 points or 0.39% followed by rest of industrial metals. On NYMEX, WTI Crude Oil is losing 58 cents or 0.50% to trade at 106.40 after having tested a low of 106.01 while Natural Gas is trading almost flat at 3.34 with a negative bias.

Data to watch:
US ISM Non-Manufacturing PMI

No comments:

Post a Comment