Tuesday, 6 May 2014

Commodity Market Update (Silver)

Precious metals on CMX were advances in the early morning session but later on erased all off gains and trading almost flat as we write this. Actively traded Gold contract tested a high of 1314.30 before settling at 1309.30 while Silver is trading at 19.615, up 0.22% or 4 cents an ounce. Base metals are trading mixed since morning with Copper trading at 6700.25, down around half a percent or 30 points while Nickel and Lead are top performing counter among the group, up almost a percent each. WTI Crude Oil is trading up 0.32% or 32 cents to trade at 99.80 while Natural Gas rose more than half a percent or 2.5 cents to trade at 4.713 after having tested a high of 4.721 per mmbtu.
Photo: Commodity Market Update (Silver):
Precious metals on CMX were advances in the early morning session but later on erased all off gains and trading almost flat as we write this. Actively traded Gold contract tested a high of 1314.30 before settling at 1309.30 while Silver is trading at 19.615, up 0.22% or 4 cents an ounce. Base metals are trading mixed since morning with Copper trading at 6700.25, down around half a percent or 30 points while Nickel and Lead are top performing counter among the group, up almost a percent each. WTI Crude Oil is trading up 0.32% or 32 cents to trade at 99.80 while Natural Gas rose more than half a percent or 2.5 cents to trade at 4.713 after having tested a high of 4.721 per mmbtu.

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