Precious metals are marginally higher on CMX with Gold front month contract is trading at 1290.70, +3.40 points or 0.26% while Silver is higher by 0.37% at 19.56 an ounce. The near term outlook remains slightly bullish for Gold and Silver and we can see prices trading higher for the day. Resistance for Gold is at 1295.00 and we can see prices resisting near this level. Base metal are trading in a broad range with Copper trading at 6940.00 and Nickel is at 18860.0 per ton. Bias remains neutral for base metals. Crude Oil and Natural gas prices on NYM are in red with Crude Oil down by 0.41% at 95.57 and Natural gas is lower by 0.44% at 4.04 per mmbtu.
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