Precious metals on CMX are trading lower since morning due to global growth prospects as US economic releases improved from the previous figure. Actively traded Gold contract is down 0.72% or 9 points to trade at 1236.40 while Silver tested a low of 20.02 before settling at 20.03, lower by 1.22% or 0.25 cents an ounce. Base metals prices on LME were losing significantly in the early morning session but later on recovered some of losses with the help of weaker dollar against the other currencies. 3-month Copper tested a low of 7250.00 before settling at 7267.25, down 30 points or 0.41% while Zinc is losing most of the ground, fell 0.83% or 17.25 points to trade at 2051, and followed by rest of the metals. Energy prices on NYMEX are trading silent since morning with Crude Oil trading at 92.73, up 0.14 points or 0.15% while Natural Gas is trading at 4.36 with a meager decline of 0.21% per mmbtu.
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