On COMEX, precious metals are trading slightly negative since morning with Gold trading at $1642.50, down by couple of dollars or 0.15% an ounce while Silver is trading in red at $30.78, lower by 8 cents or 0.29% after having a sideways trading session. LME base metals are trading mixed due to lack of economic indicators from the world largest economy. 3-month Copper rolling contract is trading in red at $8228.75 with a meager decline of $6.75 while Aluminum is the top performing metal among the groups, adding 0.68% to trade at $2153.0. Energy prices are trading mixed on New York Mercantile Exchange with Crude Oil trading at $97.18, up 17 cents while Natural Gas is trading almost flat at $3.30 with a negative bias. US Energy Information Administration is set to release its weekly storage report tonight at 9.00PM with a market forecast of -166 billion cubic feet against the previous of -118 billion cubic feet. On domestic bourses, commodities are trading in a small range with its international counterparts.
Economic Releases:
US Unemployment Claims
US Natural Gas Storage
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