Bullion prices are trading well positive since morning with the most actively traded Gold contract is trading at $1408.00 which is up by $16.10 or more than a percent and is expected to continue the gain for the day. Silver contract is also trading higher at $22.72, +1.28% following Gold. NYMEX Crude Oil prices are trading at $92.46, down 0.72%, falling to a week low ahead of OPEC meeting, while Natural Gas is lower by 0.45% at $4.16. Copper contract on CMX is trading at $3.03 which is nominally higher by 0.18% and on LME Copper prices are at $7296.00, higher by 11 points along with other metals. Nickel is the only metal to trade negative at $14788.00, down just 20 points till now.
Data to watch:
US Jobless Claims, Prelim GDP, Pending Home Sales, Crude Oil Inventories, Natural Gas Storage
Data to watch:
US Jobless Claims, Prelim GDP, Pending Home Sales, Crude Oil Inventories, Natural Gas Storage
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