Commodity Market Update: (Crude Oil)

Precious metals are trading slightly lower today on COMEX, the actively traded Gold contract is lower by 0.15% at $1647.30 and Silver down by 0.06% at $31.00. Gold and Silver prices are likely to trade in a range with a negative bias for the day. Base metals are marginally higher across the LME with Lead recording the maximum gain for the day, up by 0.85% at $2434.50 while other metals are trading silent at the time of writing this. On NYMEX, Crude Oil is trading at $97.58, up by 0.07% or 7 cents while Natural Gas prices are up by 0.90% to trade at $3.261.