Thursday 27 December 2012

Commodity Market Update (Natural Gas)



Precious metals are trading mixed with the immediate delivery Gold on CMX is lower by 0.10% or $1.7 at $1659.00 while Silver futures are trading flat at $30.05. Market participants are cautious ahead of the decision pending for the US Fiscal Cliff to be announced later today. On base metals prices are trading positive across the LME; the three-month Copper is at $7930.00, up by more than 100 points at the time of writing this. On energy complex, near month Oil futures are at $91.24, up by 0.30% while Gas futures are lower by 0.67% at $3.402.

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