Precious metals are trading flat in a range
with Gold trading higher by 0.04% at 1294.10 while Silver is in red at
19.39, -0.46% as we write this. The near term outlook remains negative
for Gold and Silver and we can see
prices drifting lower in coming sessions. Base metals prices on LME are
trading higher with Nickel leading the gainers with a gain of 2.63% at
19120.0, while all other metals are nominally higher. Crude Oil and
Natural Gas prices on NYM are at 101.58 and 4.45. Crude Oil is up by
0.07% and Natural Gas is lower by 0.27% as we write this. Intraday bias
remains neutral for Crude Oil and Natural Gas.
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