Precious metals are trading lower today in CMX with Gold trading down by 0.24% and Silver is lower by 0.14% at 1269.0 and 19.70 an ounce. The short term view remains negative and we can see prices drifting lower in coming days. Crude Oil and Natural Gas prices are trading nominally higher as we write this. Crude Oil is at 106.69 and Natural Gas is at 4.71. Base metals are trading flat on LME with no major changes. Copper is at 6716.0, lower by 0.04% and Nickel is at 18760.0, lower by 2.41% at the time of writing this.
Wednesday 18 June 2014
Commodity Market Update (Crude Oil)
Precious metals are trading lower today in CMX with Gold trading down by 0.24% and Silver is lower by 0.14% at 1269.0 and 19.70 an ounce. The short term view remains negative and we can see prices drifting lower in coming days. Crude Oil and Natural Gas prices are trading nominally higher as we write this. Crude Oil is at 106.69 and Natural Gas is at 4.71. Base metals are trading flat on LME with no major changes. Copper is at 6716.0, lower by 0.04% and Nickel is at 18760.0, lower by 2.41% at the time of writing this.
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