Gold and Silver advances since morning on the speculation that US rate of interest may stay low. Actively traded Gold contract is gaining 1.30% or 17 points to trade at 1322.90 an ounce while Silver futures rallied to two and half weeks high of 20.32 before settling at 20.29, surge by 2.63% or 52 cents. Base metals are trading higher since morning with Copper trading at 6627.25, up 1.25 points while Nickel is top gaining counter among the group, jumped around 2% or 324 points to trade at 17059.00, followed by rest of the metals. WTI Crude Oil is trading in red at 103.52, down 0.08% after having a volatile trading session while Natural Gas is losing 0.61% or 2.8 cents to trade at 4.558 per mmbtu.
Thursday, 10 April 2014
Commodity Market Update (Natural Gas)
Gold and Silver advances since morning on the speculation that US rate of interest may stay low. Actively traded Gold contract is gaining 1.30% or 17 points to trade at 1322.90 an ounce while Silver futures rallied to two and half weeks high of 20.32 before settling at 20.29, surge by 2.63% or 52 cents. Base metals are trading higher since morning with Copper trading at 6627.25, up 1.25 points while Nickel is top gaining counter among the group, jumped around 2% or 324 points to trade at 17059.00, followed by rest of the metals. WTI Crude Oil is trading in red at 103.52, down 0.08% after having a volatile trading session while Natural Gas is losing 0.61% or 2.8 cents to trade at 4.558 per mmbtu.
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