Precious metals are trading mixed with Gold trading at 1310.20, higher by a dollar or 0.08% while Silver is down by 0.63% at 19.92 an ounce. The near term view remains neutral and we can see prices drifting in a range for the day. There are no major releases from US today that can set direction for prices. Crude Oil prices on NYMEX are at 102.40, down by 0.16%and Natural Gas is at 3.03, lower by half a percent as we write this. Base metals on LME are trading mixed with Copper trading down by 0.58% at 6645.0 and Nickel is nominally higher by 0.10% at 16455.0. The intraday bias for Base metals seems neutral.
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