Precious metals are trading mixed in a small range with Gold trading at $1376.20, almost flat since last settlement and Silver is at $21.72, higher by 0.34% at the time of writing this. However, prices are consolidating in a range but the near term outlook is likely to remain bearish for both Gold and Silver. On base metals, 3-month Nickel is the only metal to red in red by -0.43% at $14420.00 while all other metals are trading higher at the time of writing this. Copper on LME is trading at $7142.00, up by 75 points or 1.06%. Crude Oil and Natural Gas are trading flat in a range, Crude Oil is around $95.40 and Natural Gas is at $3.71. Traders are waiting for the release of US Crude Oil inventory report, scheduled at 8.00 PM.
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