Precious metals are trading lower with Gold futures on COMEX trading at $1571, down by 0.40% or $6.10 and Silver is at $28.33, lower by 10 cents or 0.38% since morning. We expect prices to remain lower during the evening session while traders will be looking for US ISM Manufacturing PMI data to be released today. Base metals across the LME are trading sharply lower, Lead is the worst performer to ease more than 2%, followed by other metals. Crude Oil on NYMEX is lower by 0.58% or 52 cents at $91.52 while Natural gas is trading higher by 0.40% to trade at $3.499.
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