Tuesday 12 February 2013

Commodity Market Update (Silver)


Precious metals are trading negative on CMX with Gold actively traded contract is at $1644.60, down by $4.4 or 0.27% and Silver futures fell, 0.52% or 16 cents to trade at $30.75 at the time of writing this. Crude Oil and Gas futures on NYMEX are also in red with Oil futures down by 0.34% and Gas futures down by 0.24% at $96.79 and $3.268 respectively. Base metals prices are slightly lower with no major moves expected for the day due to lack of macroeconomic releases for the day to set direction for the prices.

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