Friday 3 May 2013

Commodity Market Update (Copper)

Precious metals are trading positive today with near month Gold contract trading at $1475.50, higher by half a percent or $8.00 along with Silver which is trading at $24.02, up by 0.80% or 18 cents at the time of writing this. We expect a range bound movement for the day. Base metals are also trading in a positive note, with Copper is at $7093.25, added 3.6% till now and is followed by all other metals. On energy section, Crude Oil is at $93.99, unchanged since last settlement and Natural Gas is continuing its last session decline and is trading at $3.99, lower by 0.84%.

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