[BRIEFING.COM] Natural gas prices are up solidly for the second straight session. The commodity’s price recently got an extra boost from the latest weekly inventory data. Inventories for the week ended July 23 showed a build of 28 bcf, which is less than the build of 32 bcf that had been widely anticipated. Natural gas prices are now up 2.8% to $4.85 per MMBtu.
Oil prices are also up nicely. The commodity lost 0.7% in the prior session to settle slightly below $77 per barrel, but it is now up to $78.15 per barrel, where it sports a 1.5% gain.
As for precious metals, gold prices are up a modest 0.2% to $1163.20 per ounce. Silver has fully retraced its 1.0% loss in the prior session to trade at $17.63 per ounce.
