Precious metals are trading silent since morning on COMEX; the actively traded Gold futures is trading flat with no change since last closing at $1750.00 and Silver is also trading mute with a nominal change of -0.08% at $34.10. We expect prices to move range bound with a positive bias ahead of no major release from the US. Base metals are trading positive with LME 3-month Copper at $7820.00, up by $31.25 or +0.40%, traders will be looking for US Core Durable and Durable Goods Orders to find clues or intraday trading. On energy complex, Crude is trading higher by 30 cents at $88.03 and Natural Gas is at $3.73, up by 0.08%.
Tuesday, 27 November 2012
Commodity Market Update (Silver)
Precious metals are trading silent since morning on COMEX; the actively traded Gold futures is trading flat with no change since last closing at $1750.00 and Silver is also trading mute with a nominal change of -0.08% at $34.10. We expect prices to move range bound with a positive bias ahead of no major release from the US. Base metals are trading positive with LME 3-month Copper at $7820.00, up by $31.25 or +0.40%, traders will be looking for US Core Durable and Durable Goods Orders to find clues or intraday trading. On energy complex, Crude is trading higher by 30 cents at $88.03 and Natural Gas is at $3.73, up by 0.08%.
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In my point of view the above Silver updates is very useful for the investors. With the help
ReplyDeleteof it they can know about the situation of the market.
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