Precious metals on COMEX are trading volatile since morning with Gold trading at 1305.00, up 1.70 points or 0.13% after having tested a high of 1309.40 an ounce while Silver tested a high of 20.80 before settling at 20.68, up 5 cents or 0.24% an ounce. With the exception of Nickel, Base metals are trading higher since morning with Copper trading at 7132.50, up 3.50 points and Lead is gaining around a percent or 21 points to trade at 2295.00 and leading the group. WTI Crude Oil is trading at 101.50, fell more than half a percent or 60 cents per barrel and Natural Gas opened with a gap down but later on fill up that gap and trading at 3.77 with a negative bias.
Monday 28 July 2014
Commodity Market Update (Gold)
Precious metals on COMEX are trading volatile since morning with Gold trading at 1305.00, up 1.70 points or 0.13% after having tested a high of 1309.40 an ounce while Silver tested a high of 20.80 before settling at 20.68, up 5 cents or 0.24% an ounce. With the exception of Nickel, Base metals are trading higher since morning with Copper trading at 7132.50, up 3.50 points and Lead is gaining around a percent or 21 points to trade at 2295.00 and leading the group. WTI Crude Oil is trading at 101.50, fell more than half a percent or 60 cents per barrel and Natural Gas opened with a gap down but later on fill up that gap and trading at 3.77 with a negative bias.
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