Gold and Silver are trading lower since morning after the last session’s sharp gain on the back of US political unrest that extended a government shutdown. Actively traded Gold contract is losing 3.10 points or 0.23% to trade at 1321.90 and Silver is down 0.08 points to trade at 22.30 an ounce. Base metals on LME are trading higher on speculation that demand for the red metals would increased as China reopened following a week long holiday. 3-month Lead is up 1.33% or 27.50 points to trade at 2092.00, leading the metals group. Copper is trading at 7291.00, higher by 53.50 points or 0.74% per metric ton. WTI Crude Oil is trading in green at 103.46, up 0.42% or 43 cents while Natural Gas is continuing its last session’s rally and is trading in green at 3.65, up 0.63% or 2 cents per mmBtu.
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