'Precious metals prices on COMEX are trading higher, erasing its last session decline with Gold near month contract is at $1284.60, up by 0.57% or $7.10 and Silver is at $19.71, adding almost a percent till now. We expect a range bound session ahead, however the overall outlook is still bearish over the counter as prices are still trading below the crucial levels. On Base Metals, Copper is trading at $6760.00, $54.50 and Nickel is the best performer to gain 1.5% or $90.00 at $13850.00. All other metals are also trading higher following Copper and Nickel. Crude oil and Natural Gas on NYM is trading at $95.83 and $3.73 with Oil prices higher by 0.70% and Gas prices are slightly lower by 0.08%. We maintain a neutral view on Crude Oil and Natural Gas.
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