Gold and Silver are trading lower since morning and continued its last session’s sharp decline on worries that Federal Reserve may reduce its stimulus measures by the end of this year. Actively traded Gold contract is losing 8.80 points or 0.67% an ounce and Silver is down 0.30% or 0.06 points to trade at 21.83. Base metals are trading higher on LME with Nickel trading at 13775, up 0.62% or 85 points while Copper is trading almost flat at 7125.50 with a meager gain of 8 points per metric ton. WTI Crude Oil is trading higher after the last day’s steep decline due to gain in Oil stockpiles. NYMEX Crude Oil is trading at 101.97, up 0.36 points or 0.35% and Natural Gas is gaining 1.69% or 6 cents to trade at 3.74 per mmBtu.
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