Monday, 22 July 2013

Commodity Market Update (Gold):

Precious metals are trading higher today, the actively traded Gold is at $1313.60, adding $21.00 or 1.62% and Silver is at $19.85, up by 2.00% at the time of writing this The near term outlook for Gold remains positive and we expect prices to move higher. On base metals, LME Copper is at $6984.75, up a percent and followed by Aluminum which is higher by 0.77% at $1839.0. Other metals are also trading higher while Lead remains unchanged at $2042.50. On NYMEX, Crude Oil and Natural Gas prices are trading mixed, with Oil futures adding half a percent at $108.40 while Natural Gas is down 1.32% at $3.74 at the time of writing this.
Data to Watch: US Existing Home Sales

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