Precious metals on CMX are trading silent since morning with Gold trading at 1300.40, up 2.0 points or 0.20% an ounce while Silver tested a high of 19.69 before settling at 19.645, up a cent an ounce. WTI Crude Oil is trading higher due to short coverings after the last session’s steep decline. Light Sweet Crude Oil futures rose 27 cents or 0.28% to trade at 96.68 after having tested a high of 97.05 while Natural Gas is trading at 3.815, up more than half percent or 3 cents per mmbtu. Base metals are surging on LME ahead of US economic releases which are expecting better than the previous figure. 3-month Aluminum climbed 1.24% or 25 points to trade at 2038.75, leading the metals group while Copper is trading at 6910.75, up 15.75 points or 0.23% per metric ton.
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