Precious metals on CMX are trading lower after the last night’s steep gain on the back of Ukraine crisis. Actively traded Gold contract is losing half a percent or 6.40 points to trade at 1310.70 and Silver eased 0.54% or 11.4 c cents to trade at 21.015 an ounce. Base metal are trading lower since morning with Copper trading at 7023.50, fell 45.50 points or 0.64% while Nickel is tumbling over 2.5% or 492 points to trade at 18799.00 after having tested a low of 18537.00, followed by rest of the metals. WTI Crude Oil tested a high of 103.94 before settling at 103.44, up 25 cents or 0.25% and Natural Gas is trading at 3.969, up 1.5 cents or 0.38% per mmbtu after the last session’s steep decline on the back of more than the expected storage in US.
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