Wednesday 31 October 2012

Commodity Market Update (Silver)

                            

Bullions are trading in green today, with COMEX Gold futures at $1712, up by +$3.80 or 0.23% and Silver near month contract is at $31.95, higher by 20 cents or 0.65% at the time of writing this. Gold prices are likely to trade in a range of $1725-$1700 with a neutral bias for the day. 3-month Copper is trading flat on the LME at $7733, edging higher by just $7 or 0.12% while LME Zinc is the biggest gainer till now, trading at $1845, up by $15.5 or 0.85%. On energy complex, Oil futures are at $85.55, unchanged since last closing while Natural Gas on NYMEX is at $3.81, up by +0.0080 or +0.21%.

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