Precious metals on COMEX are trading lower since morning with Gold trading at 1342.10, down 8.20 points or 0.61% while front month Silver futures fell 1.67% or 0.38 points to trade at 22.44 after having tested a low of 22.32 an ounce. Base metal prices on LME are losing heavily since morning due to stronger dollar against the other currencies. 3-month Nickel is losing most of the ground, down 1.61% or 236 points to trade at 14450.00 and Copper is trading at 7133.00, lower by 57 points or 0.76% while rest of the metals easing more than half a percent each. Actively traded WTI Crude Oil contract is trading up 0.20 points or 0.21% to trade at 97.31 while Natural Gas is losing 0.66% or 2 cents to trade at 3.60 per mmbtu.
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