Precious metals on COMEX are trading silent since morning and trading in a small range with Gold trading at 1205.90, up 2.60 points or 0.22% while Silver is trading at 19.51, up 3 cents or 0.13% an ounce. Copper prices on CMX are trading flat at 3.3745 with positive bias while LME is closed in observance of Boxing Day. Energy prices on NYMEX are trading silent with positive bias with WTI Crude Oil is trading at 99.30, higher by 8 cents per barrel while Natural Gas is trading at 4.45, gain almost a percent or 3.6 cents after having tested a high of 4.465 per mmbtu. On data front, market participants are waiting for US DOL’s Unemployment Claims data which is set to be released tonight at 7.00PM with an analyst expectation of 346,000 against the previous week of 379,000.
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