Tuesday, 22 January 2013

Commodity Market Update (Silver)



Gold futures on COMEX are trading slightly higher at $1691.00, up by $3.80 or 0.23% at the time of writing this. Silver is trading at $31.93 unchanged since last settlement; we expect prices to trade in a range with a positive bias for the day. Crude Oil prices are trading lower today; the near month contract is trading down by half a percent at $95.08 while Natural Gas prices are trading positive at 3.6380, up by 2%. Base metals are trading in green with 3-month Copper on LME is at $8096.00, up by 0.50% while Nickel is at $17460.00, up by 0.17%.

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