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.