Precious metals are trading in a very tight range with Gold trading at 1303.90, down by 0.27% and Silver is at 20.04 an ounce, +0.05%. The overall bias is neutral and we can see prices trading range bound in coming session. ECB press conference and Unemployment rates are due to released today at 6.00 pm. Crude Oil is trading down by 0.27% at 96.66 and Natural Gas is at 3.93, +0.13% as we write this. Base metals are trading mix with Aluminum, Lead and Zinc are in red while Copper and Nickel are trading in green. Copper is at 6994.0, up by 0.39%.
Thursday, 7 August 2014
Commodity Market Update (Natural Gas)
Precious metals are trading in a very tight range with Gold trading at 1303.90, down by 0.27% and Silver is at 20.04 an ounce, +0.05%. The overall bias is neutral and we can see prices trading range bound in coming session. ECB press conference and Unemployment rates are due to released today at 6.00 pm. Crude Oil is trading down by 0.27% at 96.66 and Natural Gas is at 3.93, +0.13% as we write this. Base metals are trading mix with Aluminum, Lead and Zinc are in red while Copper and Nickel are trading in green. Copper is at 6994.0, up by 0.39%.
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As per the Epic Research's update, Naturalgas trading range for the day is 232.5-249.9.
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