Precious metals are trading mixed on COMEX; the actively traded Gold is trading slightly lower by $4 or 0.25% at $1747.30 while prices on domestic bourses are trading higher by half a percent at Rs.32420.00 supported by a weaker rupee. Silver is also trading silent at $33.97, ahead of euro zone meeting while we expect prices to remain positive during the evening sessions. Oil prices on international exchange (NYMEX) are trading lower by 0.50% at $87.83 and Natural Gas is sharply lower by 1.5% at $3.8430. On Base metals, prices are mixed. With exception of LME 3-month Copper all other are trading positive, however Copper is at $7745, down by 34.75 or -0.45% at the time of writing this.
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