On COMEX, precious metals are trading sharply higher since morning with Gold trading at 1325.90, up 13.70 or 1.04% after having tested a high of 1333.0 whereas front month Silver futures tested a high of 21.26 before settling at 20.94, gain 2.64% or 54 cents an ounce. On LME, base metals are continuing its last session gaining momentum amid China optimism. 3-month Copper is trading at 7279.50, up 9.0 or 0.12% while Nickel was leading the metals, up 1.11% or 164 points to trade at 14880.0 per metric ton. WTI Crude Oil is trading almost flat at 105.94 with a negative bias after having a zigzag trading session since morning whereas Natural Gas is up 1.15% or 3.7 cents to trade at 3.267 per mmBtu.
Monday, 12 August 2013
Commodity Market Update (Gold)
On COMEX, precious metals are trading sharply higher since morning with Gold trading at 1325.90, up 13.70 or 1.04% after having tested a high of 1333.0 whereas front month Silver futures tested a high of 21.26 before settling at 20.94, gain 2.64% or 54 cents an ounce. On LME, base metals are continuing its last session gaining momentum amid China optimism. 3-month Copper is trading at 7279.50, up 9.0 or 0.12% while Nickel was leading the metals, up 1.11% or 164 points to trade at 14880.0 per metric ton. WTI Crude Oil is trading almost flat at 105.94 with a negative bias after having a zigzag trading session since morning whereas Natural Gas is up 1.15% or 3.7 cents to trade at 3.267 per mmBtu.
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