Precious Metals fell dramatically on Friday and extending its move till now, Gold spot prices are trading below the significant level of $1420.00 an ounce with a low of $1405.00 till now. Silver is also similarly lower with spot prices at $23.91, down by 8% at the time of writing this. Base metals are also trading negative across the LME; three-month Lead and Nickel are down by more than 2% each at $2008.00 and $15513.00 respectively. Copper three-month contract is at $7260.00, down by $146.50 or 2% at the time of writing this. Crude and Natural Gas on NYMEX are trading mix with Crude at $88.71, lower by 2.86% and Natural Gas is at $4.268, adding almost a percent.
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