Precious Metals are trading at 1393.10 an ounce, up 6.40 or 0.46% and Silver is higher by 19 cents or 0.88% at 22.695 an ounce. MCX Gold is trading at 26422.0 per ten grams and Silver is up 250 points to trade at 43720.0 per kilogram. US markets are likely to have a thin trading session as banks remains closed in observance of Memorial Day; usually liquidity remainslow coupled with irregular volatility. The bias for bullions is neutral. LME markets are closed due to Spring Bank Holiday in the UK. COMEX Copper is trading at 3.305 per pound, up 0.30% today. The bias for base metals is positive for the day even though we may not see much movement for the rest of the day. Crude Oil is down 53 cents or half a percent to trade at 93.63 per barrel while Natural Gas is trading unchanged at 4.282 per mmbtu. On MCX, prices are down 48 points to trade at 5220.0 and Natural Gas is down 0.80 at 235.60 today.
No Economic Releases today.
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