On CMX, precious metals are trading lower since morning but will not settle due to US Bank Holiday in observance of US Independence Day. Actively traded Gold contract is trading at $1248.90, down 0.24% $3.0 and Silver is losing to $19.55, lower by .80% or 17 cents. On NYMEX, Crude Oil is declining 0.36% to trade at $100.88 while Natural Gas is trading almost flat at $3.67 per mmBtu. On LME, base metals are trading lower since morning due to lesser market participations with Copper trading at $6937.50, down almost half a percent. On domestic bourses, most of the commodities are trading lower due to a stronger rupee against the dollar which appreciated 0.20% to Rs 60.31 at the time of writing this.
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