Tuesday 24 June 2014

Commodity Market Update (Silver)


Precious metals are advances on COMEX as investors weighed tension in Iraq with the outlook for the US economy. Actively traded Gold contract tested a high of 1326.40 before settling at 1325.50, up 7.10 points or half a percent an ounce and Silver is jump more than a percent or 21.4 cents to trade at 21.13 after having tested a high of 21.155 an ounce.WTI Crude Oil is trading at 105.82, down 0.35 points or 0.33% after having tested a low of 105.25 while Natural Gas is up couple of cents or 0.38% to trade at 4.463 per mmbtu. With the exception of Nickel, Base metals are trading higher since morning with Copper trading at 6880.00, up 6.50 points and Aluminum rose around half a percent or 9 points to trade at 1896.00 and leading the metals group.
Photo: Commodity Market Update (Silver):
Precious metals are advances on COMEX as investors weighed tension in Iraq with the outlook for the US economy. Actively traded Gold contract tested a high of 1326.40 before settling at 1325.50, up 7.10 points or half a percent an ounce and Silver is jump more than a percent or 21.4 cents to trade at 21.13 after having tested a high of 21.155 an ounce.WTI Crude Oil is trading at 105.82, down 0.35 points or 0.33% after having tested a low of 105.25 while Natural Gas is up couple of cents or 0.38% to trade at 4.463 per mmbtu. With the exception of Nickel, Base metals are trading higher since morning with Copper trading at 6880.00, up 6.50 points and Aluminum rose around half a percent or 9 points to trade at 1896.00 and leading the metals group.

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