Precious metals are consolidating in green territory after the last night step sell off due to US manufacturing in August which expanded at the fastest pace in three years, bolster prospects for the economy and dampen demand for the safe heavens. Actively traded Gold contract tested 11 week low of 1261.20 before settling at 1267.30, up 3 points or 0.24% and Silver is trading at 19.22, higher by 0.36% or 7 cents after having tested a low of 19.135 an ounce. WTI Crude Oil prices bounced from its two weeks low and trading higher since morning. Light Sweet Crude Oil futures rose 0.82% or 76 cents to trade at 93.64 after having tested a high of 93.85 while Natural Gas is trading almost flat at 3.897 with positive bias. With the exception of Nickel, Base metals are trading lower. Lead is losing most of the ground, easing 0.83% or 18.50 points to trade at 2218.00 and Copper tested a low of 6918.00 before settling at 6923.25, down 0.39% or 27.50 points per metric ton, followed by rest of the counters.