Precious metals on Comex slipped lower from the peak of yesterday as dollar index recovered mildly after Federal Reserve’s recent policy statement. Gold future prices are trading at $1199 per troy ounce, down by three dollars while Silver future prices are trading at $16.09 per troy ounce, fell by seven cents. On Nymex, WTI Crude Oil prices dropped almost one-and-half percent as investors looked ahead of US rig count data later in the session. Crude Oil is trading at $59.62 per barrel while Natural Gas is selling at $2.78 per mmBtu with flat note after yesterday’s neutral storage data. On LME, all the base metals are trading in the red. Copper continues it’s losing streak to trade at $5671 per tonne, lower by 76 points while Nickel is currently quoting at $12670 per tonne, down by 45 dollars. Lead and Zinc are trading at $1793 and $2053 per tonne, lower by 14 and 15 dollars respectively.