CMX Precious metals are extending its last session’s decline as Russia proposes to Syria to surrender its Chemical Weapons which welcomed by Syria’s government. Actively traded Gold contract is losing 13.50 points or a percent to trade at 1373.30 while Silver futures dropped 1.84% or 44 cents to trade at 23.28 an ounce. Base metals are trading lower since morning on concern about next week FOMC Economic projection. 3-month Lead is leading the metals group, down 1.17% or 25.25 points to trade at 2131.75 and Copper is losing 30 points or 0.42% to trade at 7174.00 per metric ton. WTI Crude Oil is trading at 108.52, easing by 1.03 points or 0.93% per barrel while NYMEX Natural Gas is trading almost flat at 3.612 with a positive bias.
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