Precious metals are trading higher today, Silver rose significantly to trade at by 2.69% at 17.01 and Gold is trading higher by 1241.00, adding 0.70% as we write this. The short term outlook stands positive for precious metals and we can see prices gaining strength in coming sessions. On base metals prices are in red with Copper leading the laggards with a decline over 1.73% to 5927.00, followed by rest of the metals which are lower by almost a percent each. Crude oil and Natural gas prices are trading mixed with Crude oil logging a decline of 2.39% at 44.97 while Natural Gas is at 3.11%, as we write this. The very short term bias on Natural Gas stands negative.
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