Commodity Market Update (Silver)

Precious metals on COMEX are trading volatile since morning with Gold trading at 1293.60, down 2.20 points or 0.17% while Silver tested a low of 19.365 before settling flat at 19.55 an ounce. Base metals are trading lower after the last session’s steep gain. 3-month Nickel tested a low of 20550.00 before settling at 20720.00, tumbled 459 points or 2.17% and led the group and Copper tested a low of 6825.00 before settling at 6857.50, down 21.50 points or 0.31%. WTI Crude Oil is continuing its last session’s gain on the back of tension in Ukraine. Crude Oil is up 24 cents or 0.24% to trade at 100.83 while Natural Gas is trading almost flat at 4.43 with positive bias.