Friday, 14 December 2012

Commodities Market Update (Copper)

Precious metals are trading slightly positive with Gold at $1699.40; higher by $2.60 or 0.15%, but still struggling to sustain above $1700 mark. Silver prices are trading at $32.66, higher by a percent or 30 cents on COMEX. Base metals on LME are trading in green with three-month Copper at $8089.75, higher by 0.56% or $45.25 however the strength can be noted in Lead and Zinc which are higher by 0.75% and 0.87% respectively. On Energy Complex, front month Oil contract is at $86.69, higher by a percent while Gas futures are down by 0.57% at $3.3290.

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