Wednesday, 24 December 2014

Commodity Market Update (Crude Oil)

Precious metals are trading lower with Gold trading at 1180.00, +2 points or 0.16% and Silver is at 15.82, adding 0.37%, as we write this. The near term outlook is neutral and we can see prices trading in a tight range. Bias is negative for precious metals. Base metals are trading slightly lower with copper trading at 6342.00, +0.06% along with all other metals which are trading similarly higher. Crude Oil and Natural Gas prices are trading mixed with oil prices declining more than a percent at 56.27 and Natural gas is down at 3.18, +0.28%, at the time of writing this.

Photo: Commodity Market Update (Crude Oil):
Precious metals are trading lower with Gold trading at 1180.00, +2 points or 0.16% and Silver is at 15.82, adding 0.37%, as we write this. The near term outlook is neutral and we can see prices trading in a tight range. Bias is negative for precious metals. Base metals are trading slightly lower with copper trading at 6342.00, +0.06% along with all other metals which are trading similarly higher. Crude Oil and Natural Gas prices are trading mixed with oil prices declining more than a percent at 56.27 and Natural gas is down at 3.18, +0.28%, at the time of writing this.

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