Wednesday 29 October 2014

Commodity Market Update (Crude Oil)

Precious metals are trading flat with no major changes recorded yet. The actively traded Gold contract is at 1228.90, lower by 0.04% and Silver is at 17.25 an ounce, -0.12% as we write this. The overall outlook is still neutral but we expect volatility ahead of FOMC meeting. Base metals on LME are in green with gaining the most by 0.83% to 15740.00, followed by all other metals. On NYMEX Crude Oil is trading up by 0.53% at 81.84 and Natural Gas is lower by 0.16% at 81.84 and 3.64 respectively.

Photo: Commodity Market Update (Crude Oil):
Precious metals are trading flat with no major changes recorded yet. The actively traded Gold contract is at 1228.90, lower by 0.04% and Silver is at 17.25 an ounce, -0.12% as we write this. The overall outlook is still neutral but we expect volatility ahead of FOMC meeting. Base metals on LME are in green with gaining the most by 0.83% to 15740.00, followed by all other metals. On NYMEX Crude Oil is trading up by 0.53% at 81.84 and Natural Gas is lower by 0.16% at 81.84 and 3.64 respectively.

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