Natural Gas Holds Above $3.10 Support as Commodities Trade Mixed

Natural gas prices have steadied just above the critical $3.104 support level, trading at $3.111 with a slight decline of $0.005, a 0.16% drop. The energy market remains cautious as the price sits within a narrow band, indicating potential for a rebound if the support holds.

Across the broader commodities spectrum, gold (XAU/USD) closed at 4,182.53, up 17.13 points or 0.41%. Silver (XAG/USD) finished at 57.725, gaining 0.420 points or 0.73%. Crude oil benchmarks slipped: West Texas Intermediate (CL=F) settled at 96.98, down 2.04 points or 2.06%, while Brent crude (Brent) closed at 107.18, a decline of 2.68 points or 2.44%.

Base metals were mixed: copper (HG=F) edged up to 6.5943, a gain of 0.0208 points or 0.32%, whereas aluminium (AL=F) fell to 2,988.00, down 20.50 points or 0.68%. The data reflects the latest market close and highlights the volatility in energy and metal sectors as investors weigh supply concerns and global economic outlooks.