Gold prices are trading flat with nominal
gains of 0.05% at 1290.20 and Silver is at 19.25, lower by 0.60% as we
write this. The overall outlook is still negative and we can see prices
drifting lower in the following session.
Crude Oil and Natural Gas prices on NYM are trading in red with Crude
Oil down by 0.33% at 100.44 and Natural Gas is lower by 4.73, down
0.13%. The intraday outlook seems bearish for Crude Oil and Natural Gas.
Base metals on LME are trading mixed with Aluminum and Zinc are trading
lower while Nickel and Copper are trading in green. Nickel is the
outperformer to gain as much as 4% and is at 19420.0 as we write this.
On data front, US Jobless Claims is an important event to watch.
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