Precious metals are trading marginally higher today with Gold and Silver trading at 1303.10 and 20.83 an ounce respectively, adding 0.26% each as we write this. The near term outlook remains neutral and we can see prices trading in a broad range. Crude Oil prices are trading higher at 102.12, +0.88% as we write this. Intraday bias remains positive on Crude Oil. Natural Gas prices are trading lower at 4.09, down by 0.63%. Base metals on LME are trading positive with Copper remains the only exception to trade in red at 7049.0, -11 points while all the other metals are trading in green. Aluminum is the best performer to gain 0.60% to 1981.00.
Jobless data from US is an important event scheduled at 6.00 PM.
Jobless data from US is an important event scheduled at 6.00 PM.
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