Precious metals are trading marginally lower with Gold trading at 1304.10, lower by 2 points and Silver is at 19.65 an ounce, down by 9 cents or 0.46% as we write this. Intraday view is negative and we can see a minor decline in Gold prices while Silver is likely to take cue from Gold’s move. Prices on LME are trading in red with Copper remains the only metal to trade in green while all other metals are trading lower. Nickel is leading the laggards with a decline of 3.75% at the time of writing this. On energy complex, Crude Oil prices are at 101.97, -0.39% and Natural Gas prices are at 4.35, lower by 0.25% at the time of writing this. On macroeconomic front, US Jobless Claims and Natural Gas Storage data are scheduled to release today.