Commodity Market Update (Gold)

Precious Metals are trading in a very narrow range since morning. CMX Gold is trading at $1686, up by a dollar at the time of writing this while Silver futures prices are at $31.77. Prices are expected to remain range bound as of US Bank holiday. Crude oil prices are slightly negative, down by 15 cents or 0.15% at $96.34 we also expect Oil and Gas prices to trade at the current level while on Base metals prices are reacting mixed and are expected to trade with positive bias.