Precious metals on COMEX are trading lower due to stronger dollar ahead of FOMC Meeting which will be held on Wednesday at 11.30PM. actively traded Gold contract is losing 0.52% or 7 points to trade at 1345.20 after having tested a low of 1339.80 while front month Silver futures tested a low of 22.30 before settling at 22.39, down 0.66% or 14 cents an ounce. Base metals on LME are trading higher with Copper trading at 7208.00, up 0.42% or 30 points while rest of the metals also gained around half a percent each per metric ton. WTI Crude Oil is down 0.31% or 0.30 points to trade at 98.37 while Natural Gas is losing a cent or 0.34% to trade at 3.55 after having tested a low of 3.54 per mmBtu.
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