Thursday, 22 May 2014

Commodity Market Update (Copper)

Precious metals are trading higher today, with Gold trading up by 0.58% at 1295.60 and Silver is at 19.56 an ounce, up by 22 cents or 1.17%. The near term outlook is likely to remain positive and we can see prices moving with a positive bias is coming days. Energy prices on international front are trading mixed with Crude Oil trading at 104.02, down by 0.05% and Natural Gas is at 4.49, +0.40%. Base metals are also trading in green with Nickel trading up by 1.38% at 19670.0 and Copper is up by 6864.0, +0.37% as we write this. On data front, US jobless claims is the key releases which is scheduled later today.
Photo: Commodity Market Update (Copper):
Precious metals are trading higher today, with Gold trading up by 0.58% at 1295.60 and Silver is at 19.56 an ounce, up by 22 cents or 1.17%. The near term outlook is likely to remain positive and we can see prices moving with a positive bias is coming days. Energy prices on international front are trading mixed with Crude Oil trading at 104.02, down by 0.05% and Natural Gas is at 4.49, +0.40%.  Base metals are also trading in green with Nickel trading up by 1.38% at 19670.0 and Copper is up by 6864.0, +0.37% as we write this. On data front, US jobless claims is the key releases which is scheduled later today.

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