Precious Metals are trading in green with Gold trading marginally higher by 0.09% or a dollar at 1315.0 while Silver is higher by a percent or 23 cents at 22.15 an ounce. The near term outlook stands bullish for both Gold and Silver and we can see prices moving up in coming session. Base metals are also trading positive today with Nickel leading the base metals by a gain of almost a percent, followed by rest of the metals Copper is higher by 0.43% at 7255.0 as we write this Crude Oil on NYM is trading lower today with most actively traded contract is down by 0.78% at 100.0 per barrel. Intraday outlook remains bearish and we can see further decline in coming hours. Natural Gas prices are at 3.80, +4 cents or 1.04%. Traders will be looking for the weekly Crude Oil inventory report which is due to be released today.
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