Precious metals on COMEX are trading higher since morning with Gold trading near 15-weeks high at 1330.70, up 7.10 points or 0.53% while Silver is gaining 0.36% or 8 cents to 21.86 an ounce. Base metals on LME are losing heavily due to weaker demand from the world largest economies US and China. 3-month Copper is losing most of the ground, down 0.80% or 56.25 points to trade at 7093.00 after having tested a low of 7055.00, followed by rest of the metals which are also down around half a percent each. WTI Crude Oil is trading at 102.43, up 24 cents or 0.23%per barrel while Natural Gas jumped to the highest price of 6..478 in five years as forecasters warned of more freezing US weather and trading at 6.421, surge 4.53% or 28 cents per mmbtu.
No comments:
Post a Comment