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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