Time : 15:41 hr
On CMX, precious metals are trading mixed since morning with Gold trading at $1597.80, up $2.10 or 0.13% an ounce while front month Silver futures slashed more than a percent or 31 cents to trade at $28.01. Bullion are trading mixed due to political uncertainty over Europe. Industrial metals weighed by weak sentiments of Europe. On CMX, Copper futuresalso tumbled almost one an half percent or 4.75 cents to trade at 335.45 cents. Light Sweet Crude Oil is losing more than half a percent after the last five session straight winning streak to trade at $96.68 per barrel whereas Natural Gas fell 1.14% or 5 cents to trade at $3.976 per mmbtu. Market participants are waiting for US ISM Manufacturing data with a market forecast of 54.6 against the previous of 54.2.
Data to Watch:
US ISM Manufacturing PMI
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