Precious metals on COMEX are trading lower since morning with Gold trading at 1312.00, down 0.30% or 4.0 points whereas Silver is losing around a percent or 18 cents to trade at 22.09 after having tested a low of 21.99 an ounce. With the exception of Copper, base metals on LME are trading higher since morning due to a weaker dollar against the other currencies. 3-month Nickel is leading the metals group, up 1.27% or 183 points to trade at 14633.00 while Copper is trading in red at 7250.25, down 2 points per metric ton. WTI Crude Oil is trading lower since morning and continued its last session’s decline due increased Oil stockpiles. Actively traded Crude Oil contract is trading at 98.89, down 0.33 points or 0.33% while Natural Gas is trading almost down at 3.65 with a negative bias, lower by a cent or 0.44% per mmBtu.
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