Tuesday, 20 May 2014

Commodity Market Update (Silver)

Precious metals are trading mixed with Gold trading nominally lower by 0.16% at 1291.0 and Silver is at 19.36, adding 0.04% as we write this. The near term outlook remains neutral and we can see prices consolidating in a range. On data front, there are no major release today that can set direction for prices. Base metals are trading in red today, with Copper trading lower by 0.18% at 6903.0 while Nickel is the worst performer to ease 540 point or 2.67% at 19710.0. Energy prices on NYM are trading at 102.60, down by 0.01% or a cent while Natural Gas is at 4.44, lower by 0.65% at the time of writing this.
Photo: Commodity Market Update:
Precious metals are trading mixed with Gold trading nominally lower by 0.16% at 1291.0 and Silver is at 19.36, adding 0.04% as we write this. The near term outlook remains neutral and we can see prices consolidating in a range. On data front, there are no major release today that can set direction for prices. Base metals are trading in red today, with Copper trading lower by 0.18% at 6903.0 while Nickel is the worst performer to ease 540 point or 2.67% at 19710.0. Energy prices on NYM are trading at 102.60, down by 0.01% or a cent while Natural Gas is at 4.44, lower by 0.65% at the time of writing this.

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