Precious metals on COMEX are trading between gains and losses ahead of US Federal Reserve’s policy meeting which will be held on Thursday at 12.30AM. Actively traded Gold contract is trading at 1233.30, up 3.20 points or 0.27% while front month Silver futures rose 0.66% or 0.13 points to trade at 19.97 an ounce. Base metals on LME are trading lower ahead of FOMC statement. 3-month Copper is worst performing metals, ease almost half a percent or 33.25 points to trade at 7239.25 after having tested a low of 7227.50, followed by rest of the metals. Energy prices on NYMEX are trading mixed with Crude Oil trading at 97.11, down 11 cents while Natural Gas is up a percent or 4 cents to trade at 4.329 per mmbtu.
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