Precious metals are trading lower with Gold trading 1230.40, -1.50 points or 0.14% and Silver is trading at 17.19 an ounce, nominally higher by 0.05%, as we write this. The outlook is negative and we can see prices drifting lower in coming hours. Support for Gold is places at 1225.00 and that for silver is at 17.10 level. Base metals are in red with Copper remains the exception to trade flat while all other metals are trading lower. Copper is at 6685.50, Nickel is the worst performer to ease as much as 0.87%. Crude Oil and Natural Gas on NYMEX are trading in green with Crude Oil at 81.06, +0.07% and Natural Gas is at 3.63, +0.39% as we write this..
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