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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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