Precious metals are trading slightly lower today with the actively traded contract at $1670.50, down by 0.20% or $3.20 on CMX and Silver futures are trading down by 0.66% or 22 cents at $31.65. Prices are likely to remain range bound as lack of macroeconomic releases from the major economies will keep market silent for the day. Industrial metals across the LME are trading in red on a corrective mode after gaining much on its previous session. NYMEX Oil futures are at $96.25, lower by 0.40% or 38 cents while natural gas is showing strength, trading higher by a percent at $3.4320.
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