Precious metals are trading lower since morning on the speculation that Federal Reserve may reduce their stimulus in the next meeting. Actively traded Gold contract is trading at 1405.10, down 6.80 points or half a percent while Silver plunged over 2% or 49 cents to trade at 23.93 an ounce. Base metal prices are trading lower and erasing its last session gain with Copper trading at 7178.00, leading the industrial metals group, down a percent or 74.75 points, followed by rest of the metals. WTI Crude Oil is losing 0.64% or 68 cents to trade at 107.85 whereas Natural Gas is trading in green at 3.68 with a marginal gain of 0.35% or a cent per mmBtu.
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