Precious metals on COMEX are trading silent since morning and trading in a small range with Gold trading at 1211.00, down 1.30 points or 0.11% while Silver is trading at 19.85, down 6 cents or 0.31% an ounce. Base metals prices on LME are trading higher since morning on the back of improved economy of US and China and supplies worries from Indonesia. 3-month Copper futures climbed to four and half months high of 7410 before settling at 7389.00, up 102.50 points or 1.41%, followed by rest of the metals which are gaining around a percent each. WTI Crude Oil is trading at 99.58, up 3 cents while Natural Gas is trading down at 4.409, lower by 0.54% per mmbtu. Energy traders are waiting for EIA’s Natural Gas Storage and Crude Oil Inventories report which are set to be released at 9.00PM and 9.30PM respectively.
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