Precious metals on CMX rose from the two weeks low as US policy makers to drop a pledge to keep borrowing costs low for a “considerable time”. Actively traded Gold contract is trading at 1198.50, up 4 points or 0.33% after having tested a high of 1202.00 and Silver tested a high of 16.095 before settling at 16.03, up 10 cents or 0.60% an ounce. Lead dropped to a 28-month low as a gauge for the dollar approached a five-year high amid speculation the Federal Reserve will raise interest rates next year which makes greenback-priced commodities less attractive. Nickel is losing around 1.5% or 221 points to trade at 15450.00 after having tested a low of 15200.00 and Lead tested a low of 1836.00 before trading at 1857.75, plunged 1.34% or 25.25 points, followed by rest of the counters. WTI Crude Oil is trading higher at 57.40, up 1.65% or 94 cents after having tested a high of 57.92 while Natural Gas is trading almost flat at 3.693 with negative bias.