Gold and Silver are trading slightly lower on CMX with Gold trading at $1763.90, lower by 20 cents or 0.01% per ounce and Silver is trading at $33.90. We expect prices to move in a small range with Gold facing immediate resistance near $1775 and support around $1755. NYMEX Crude Oil is trading lower at $90.70, -0.73% or 67 cents due to weaker demand and rising inventories whereas traders are looking for EIA weekly Crude Oil Inventories report at 8.00PM. Natural Gas is trading at $2.94, up by a percent. Base Metals prices are trading lower on LME. LME Copper futures are trading at $8178.00 with negative bias.
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