Tuesday, 12 March 2013

Commodity Market Update (Silver)

Bullions are trading marginally higher with Gold near month contract on COMEX is adding $4.00 or 0.23% at $1581.90 while Silver is at $28.90, up by 5 cents or 0.18%. Prices action in coming session is likely to remain flat as there is no major economic releases that can add volatility in precious metals. Base metals listed on LME are trading mixed with meager changes; 3-month Copper is at $7743.00, lower by 0.20% or $14.00 and Nickel is down by almost half a percent to trade at $16818.00. WTI Crude Oil on NYMEX is slightly lower by -0.30% at $91.80 while Natural Gas is trading higher at $3.66, up by +0.14% at the time of writing this.

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