Gold and Silver prices on COMEX are trading mix with Gold futures are trading marginally lower at $1471.5, down by just $2.0 while Silver most actively traded contract added 0.53% or 13 cents at $24.0 at the time of writing this. Prices are likely to remain in a range with an immediate resistance for Gold comes at $1485.0 and that for Silver is at $24.5 an ounce. On base metals, prices across the LME are in red with Lead performing the worst for the day at $2041.0, lower by 1.2% and followed by all other metals. Crude Oil and Natural Gas prices on NYMEX are also lower with near month Crude Oil trading at $96.0, down by 62 cents and Natural Gas is at $3.93, down by 1.1%. Market participants will be looking for the Natural Gas storage and US Jobless claims data, that can set near term direction in market.
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