Precious metals are trading slightly lower with Gold at $1590.50, down by $1.50 and Silver is trading at $29.05, lower by 11 cents at 0.40% at the time of writing this. We expect prices to remain in range with a positive bias for rest of the hours. Base metals are trading in green with prices edging slightly higher, Copper three-month contract is trading at $7832.00 almost unchanged since previous settlement. NYMEX Oil prices are trading higher by half a percent or 41 cents at $92.95 while Gas futures are at $3.629, lower by 0.44%.
Data to Watch
US Core Retail Sales
US Retail Sales
US Crude Oil Inventories
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