Friday 5 September 2014

Commodity Market Update (Copper)

Precious metals are trading in red with Gold trading at 1265.50, lower by 0.08% and Silver is lower by 0.09% at 19.12. The bias is neutral and we can see prices trading range bound for the day. On base metals the overall bias is bullish and we can see prices moving higher in near term. Copper is at 6953.00 and Nickel is at 19440.0, trading up by 0.14% and 0.39% respectively. Crude Oil is at 94.19, +0.49% and Natural Gas is at 3.82. Bias is neutral for energy complex.

Photo: Commodity Market Update (Copper):
Precious metals are trading in red with Gold trading at 1265.50, lower by 0.08% and Silver is lower by 0.09% at 19.12. The bias is neutral and we can see prices trading range bound for the day. On base metals the overall bias is bullish and we can see prices moving higher in near term. Copper is at 6953.00 and Nickel is at 19440.0, trading up by 0.14% and 0.39% respectively. Crude Oil is at 94.19, +0.49% and Natural Gas is at 3.82. Bias is neutral for energy complex.

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