Tuesday 30 April 2013

Commodity Market Update (Silver)


Precious metals are trading marginally lower today, the most actively traded Gold contract is at $1472.00, trading flat while Silver is at $24.38, down by 17 cents or 0.75% at the time of writing this. We expect prices to remain lower in a tight range for rest of the trading hours. Base metals prices are also trading flat on LME with three-month Copper is at $7130, lower by $23.00 followed by rest of the metals. On Crude and Natural Gas prices are trading mix, with Crude Oil at $94.5, adding just 0.06% while Natural Gas is at $4.386, down by just 0.14% till now.

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