Precious metals are trading in red with Gold trading at 1337.00, lower by 0.10 paise and Silver is at 21.05 an ounce, down by 0.01% as we write this. Prices are nominally down on back of correction as after last session’s strong rally. The outlook is positive for Precious metals. Base metals on LME are trading mixed in a tight range with Copper trading at 7148.00, -0.31% and Nickel is at 19276.00, -0.08%. Crude Oil and Natural gas are also trading mixed with the actively traded Crude contract is at 102.66, lower by 0.25% and Natural Gas is at 4.14, higher by 0.56%. Short term bias for Crude Oil is negative.
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