Precious metals are trading lower since morning due to profit bookings but investors continued its speculation on Federal Reserve asset purchase policy for further stimulus. Actively traded Gold contract is losing almost half a percent or $7 to trade at $1405.0 per ounce and Silver futures eased almost a percent or 22 cents to trade at $22.50. On LME, base metals are trading higher since morning with the exceptions of Lead and Zinc. 3-month Copper contract is gaining 0.61% or $45 to trade at $7395.50 and Nickel is adding to $15271, up $120 or 0.80% per metric ton. Energy prices of NYMEX, are trading lower with Crude Oil trading at $92.88, losing by 0.61% or 56 cents while Natural Gas is trading in red at $3.97, down 0.50% or 2 cents per mmbtu.
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