Precious metals are trading lower today with
Gold trading at 1290.50, down by 9 points or 0.65% and Silver is at
19.38, down by more than a percent as we write this. The near term
outlook seem negative for Gold
and Silver and we can see prices drifting lower in coming sessions.
Base metals on LME are trading slightly positive with Copper is trading
at 6760.0, adding 0.22% or 15 points and Nickel is at 18304.0, up by a
percent at the time of writing this. On energy section, Crude Oil is at
101.32, up by half a percent and Natural Gas is at 4.77, down by 0.56%.
We maintain a neutral outlook on energy complex.
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