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Monday, 18 November 2013

Commodity Market Update (Gold)

Precious metals on COMEX are trading lower since morning with Gold trading at 1283.70, down 3.70 points or 0.30% while front month Silver futures eased around half a percent or 0.08 points to trade at 20.645 an ounce. On LME, Base metals are trading lower since morning and extending its last week’s losses. 3-month Aluminum is leading the metals group, down 0.32% or 5.75 points to trade at 1787.25 after having tested a low of 1783.00 while Copper is down 17.75 points or 0.25% to trade at 6992.50 per metric ton. Energy prices on NYMEX are trading mixed as Crude Oil is trading lower and extending its last week losses to trade at 93.62, lower by 0.22 points per barrel while Natural Gas is up 0.71% or 0.026 points to trade at 3.686 per mmbtu.


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