Precious metals on CMX are trading higher since morning with Gold trading at 1327.40, up 5.30 points or 0.45% after having tested a high of 1334.90 an ounce and Silver tested a high of 21.20 before settling at 21.17, gain more than half a percent or 11.4 cents an ounce. Base metals were trading higher in the early morning sessions but later on erased all of their gains and trading in red as we write this. 3-month Copper is trading at 7004.00, down 10 points while Zinc is losing 0.64% to trade at 2202.50, followed by rest of the metals. WTI Crude Oil is adding 0.33% or 35 cents to trade at 105.72 while Natural Gas fell around a percent or 4.3 cents to trade at 4.418 per mmbtu.
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Tuesday, 1 July 2014
Commodity Market Update (Silver)
Precious metals on CMX are trading higher since morning with Gold trading at 1327.40, up 5.30 points or 0.45% after having tested a high of 1334.90 an ounce and Silver tested a high of 21.20 before settling at 21.17, gain more than half a percent or 11.4 cents an ounce. Base metals were trading higher in the early morning sessions but later on erased all of their gains and trading in red as we write this. 3-month Copper is trading at 7004.00, down 10 points while Zinc is losing 0.64% to trade at 2202.50, followed by rest of the metals. WTI Crude Oil is adding 0.33% or 35 cents to trade at 105.72 while Natural Gas fell around a percent or 4.3 cents to trade at 4.418 per mmbtu.
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