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Monday, 5 May 2014

Commodity Market Update (Gold)

Precious metals are trading in green today with Gold trading at 1313.40 an ounce, adding 0.81% and Silver is trading at 19.68, higher by 0.69% as we write this. The near term outlook seems bullish and we can see prices edging higher in coming days. Base metals are trading higher today on MCX with Aluminum, Lead and Zinc are trading up by 0.60% each and Copper and Nickel are trading flat today with no major changes as we write this. Crude Oil and Natural Gas prices on NYM are at 100.33 and 4.65. Crude Oil is up by 0.58% and Natural Gas is lower by 0.41%. Intraday bias stands positive for Crude Oil and Natural Gas.
Photo: Commodity Market Update (Gold): Precious metals are trading in green today with Gold trading at 1313.40 an ounce, adding 0.81% and Silver is trading at 19.68, higher by 0.69% as we write this. The near term outlook seems bullish and we can see prices edging higher in coming days. Base metals are trading higher today on MCX with Aluminum, Lead and Zinc are trading up by 0.60% each and Copper and Nickel are trading flat today with no major changes as we write this. Crude Oil and Natural Gas prices on NYM are at 100.33 and 4.65. Crude Oil is up by 0.58% and Natural Gas is lower by 0.41%. Intraday bias stands positive for Crude Oil and Natural Gas.
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