Tuesday 12 August 2014

Commodity Market Update (Silver)

Precious metals on CMX are trading silent since morning with Gold trading at 1312.10, up 2.40 points or 0.18% while Silver futures tested a high of 20.155 before settling in red at 20.085, down a cent an ounce. WTI Crude Oil is losing 0.66% or 65 cents to trade at 97.43 after having tested a low of 97.10 per barrel while Natural Gas is up 2 cents or 0.40% to trade at 3.98 per mmbtu. On LME, Base metals are trading higher on the back of a weaker dollar against the other currencies. 3-month Zinc jumped around 1.5% or 32.25 points to trade at 2340.50 while Nickel is gaining 215 points or 1.15% to trade at 18935.00. LME Copper is trading at 7016.25, up 20 points or 0.29%, followed by rest of the metals.

Photo: Commodity Market Update (Silver):
Precious metals on CMX are trading silent since morning with Gold trading at 1312.10, up 2.40 points or 0.18% while Silver futures tested a high of 20.155 before settling in red at 20.085, down a cent an ounce. WTI Crude Oil is losing 0.66% or 65 cents to trade at 97.43 after having tested a low of 97.10 per barrel while Natural Gas is up 2 cents or 0.40% to trade at 3.98 per mmbtu. On LME, Base metals are trading higher on the back of a weaker dollar against the other currencies. 3-month Zinc jumped around 1.5% or 32.25 points to trade at 2340.50 while Nickel is gaining 215 points or 1.15% to trade at 18935.00. LME Copper is trading at 7016.25, up 20 points or 0.29%, followed by rest of the metals.

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