Gold and Silver prices are highly volatile with Gold near month contract is down by 3 points or 0.23% at 1392.7 and Silver is trading up by 3.09% or 72 cents at 24.24 an ounce. The near term outlook is likely to remain positive for precious metals. Base metals on LME are trading in red with Copper at 7212.0, down 30 points or 0.40% and Lead is lower by 1.19% at 2156.0. Base metals prices are expected to trade with a negative bias in coming hours. Crude Oil front month contract on NYMEX is trading down by 0.45% at 107.20 per barrel and Natural Gas is up by 2.26% at 3.66 at the time of writing this.
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