Precious metals are trading slightly higher today, the most actively traded Gold contract on CMX is at 1186.60, +0.40%, as we write this and Silver is at 15.92, higher by 0.89%. The outlook remains neutral while the intraday bias stands positive for bullions. On energy complex, Crude Oil is trading in red with a decline of 0.62% at 53.28 and Natural Gas declined as much as 1.28% at 3.15 per mmbtu. Intraday view is still negative and we can see both the commodities to drift further down in coming sessions. Base metals are trading mostly flat today, Copper is at 6315.00, +0.96% and Zinc is at 2161.00, up by a percent.
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