Wednesday, 12 November 2014

Commodity Market Update (Gold)

Gold prices are trading lower at 1162.30, -0.06% and Silver is at 15.60, down by 0.21% as we write this. The intraday bias remains negative for precious metals. Base metals on LME are trading in green with Copper as an exception is lower by just 0.04% at 6686.00. Other base metals are trading positive with Nickel leading the gainer with a gain of 0.75% at 15572.00. Crude Oil and Natural Gas on NYM are trading lower with easing 0.86% and 1.32% respectively. Crude Oil is trading at 77.23 and Natural Gas is at 4.19 per mmbtu. Bias remains negative for Crude Oil and Natural Gas.

Photo: Commodity Market Update (Gold):
Gold prices are trading lower at 1162.30, -0.06% and Silver is at 15.60, down by 0.21% as we write this. The intraday bias remains negative for precious metals. Base metals on LME are trading in green with Copper as an exception is lower by just 0.04% at 6686.00. Other base metals are trading positive with Nickel leading the gainer with a gain of 0.75% at 15572.00. Crude Oil and Natural Gas on NYM are trading lower with easing 0.86% and 1.32% respectively. Crude Oil is trading at 77.23 and Natural Gas is at 4.19 per mmbtu. Bias remains negative for Crude Oil and Natural Gas.

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