Gold is trading flat on COMEX while Silver is trading down; the actively traded Gold futures is at $1693.40, down by few cents or 0.02% and Silver near month contract is at $32.85, down by 0.32%. Gold is trading well below the $1700 level and may ease further in coming hours, prices are likely to test support around $1675 whereas the near term resistance comes at $1710 and then $1730. On LME –month Copper prices are trading slightly mixed, at $8063.25, down by 0.16% or $12.75 with no clear direction; However the traders will be looking for the US Jobless Claims data to be released today. On energy complex, Crude Oil is trading at $88.05, slightly higher by 17 cents or 0.19% while Natural Gas prices are at $3.68, down by 0.43%.
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