Commodity Market Update (Gold)

Date : 11th Feb.,2013Time: 15:02
Precious metals are trading in a tight range with a negative bias since morning, the actively traded Gold on CMX is at 1665.40 and Silver is at 31.41, down by 0.10% each at the time of writing this. Prices on domestic market are also trading lower by 0.20% each with Gold futures at Rs.30755.0 and Silver at Rs.58140.0. On Base metals prices are trading mixed with Copper and lead are trading negative while Nickel and Zinc are the positive trading metals on LME. Metals prices are in a tight range due to lack of macroeconomic releases from the top economies. On NYMEX, Crude Oil futures and Natural Gas are trading lower today with Oil prices at $95.64, down by 0.06% and Natural Gas at $3.259, down by 0.40%.