Precious Metals on CMX are trading lower since morning and continued its last session’s decline on speculation that Federal Reserve may curb its stimulus program and easing concern about Syria crisis. Actively traded Gold contract fell 20.40 points or 1.53% to trade at 1310.40 after having tested a low of 1304.60 while Silver futures plunged 2.64% or 0.58 points to trade at 21.57 an ounce. Base Metals are trading lower on LME with Copper trading at 7063.00, down 7.75 points while Lead is down 1.46% or 31 points to trade at 2094.25, followed by rest of the metals. WTI Crude Oil is losing around a percent or 1.02 points to trade at 107.57 after having tested a low of 107.31 on NYMEX while Natural Gas is trading almost flat at 3.624 with a negative bias.
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