Tuesday 28 October 2014

Commodity Market Update (Silver)

Precious metals on COMEX are trading silent since morning with Gold trading at 1228.10, down 1.30 points or 0.11% while Silver is gaining more than half a percent or 9 cents to trade at 17.245 an ounce. With the exception of Zinc, Base metals are trading higher on LME. Nickel is leading the group, surging more than 2.5% or 375 points to trade at 15075.00 while Aluminum tested a high of 2004.00 before trading in green at 1994.50. up 15.75 points or 0.80% and Copper is up 23.25 points or 0.35% to trade at 6753.25 per metric ton. WTI Crude Oil is trading lower for the third consecutive day due to ample of supply for this energy complex and Natural Gas is trading at 3.572, up a cent or 0.31% per mmbtu.

Photo: Commodity Market Update (Silver):
Precious metals on COMEX are trading silent since morning with Gold trading at 1228.10, down 1.30 points or 0.11% while Silver is gaining more than half a percent or 9 cents to trade at 17.245 an ounce. With the exception of Zinc, Base metals are trading higher on LME. Nickel is leading the group, surging more than 2.5% or 375 points to trade at 15075.00 while Aluminum tested a high of 2004.00 before trading in green at 1994.50. up 15.75 points or 0.80% and Copper is up 23.25 points or 0.35% to trade at 6753.25 per metric ton. WTI Crude Oil is trading lower for the third consecutive day due to ample of supply for this energy complex and Natural Gas is trading at 3.572, up a cent or 0.31% per mmbtu.

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