Precious Metals are trading in green today; Gold is up 1.8 at 1611.30 and Silver is higher by 13 cents to trade at 29.98. On MCX, prices are unchanged since last closing. The currency market is also closed which should lead to aligned moves in domestic prices with its international counterparts. The bias on precious metals remains neutral. Base Metals on LME are trading sharply lower after trading in a range last evening. Copper is down 2 points at 440.40 while Nickel is down 13.20 at 956.70. Prices are likely to continue trading with a negative bias in the evening. Crude Oil is trading at 95.46, down 40 cents while Natural Gas is higher by a percent at 3.188. We maintain a neutral view on Oil and Gas today.
No Major Economic Releases.
No comments:
Post a Comment