Precious metals on COMEX are trading silent since morning ahead of Federal Reserve’s economic projection where policymaker may keep their interest rate. Actively traded Gold contract is trading at 1236.00, up 0.20 points after having tested a high of 1238.40 while Silver is trading down around half a percent or 8 cents to trade at 18.645 an ounce. Base metals are losing on LME after the last night sharp gain as China boosts stimulus to support growth. 3-month Nickel is losing most of the ground, plunging around 1.5% or 237 points to trade at 18068.00 while Aluminum, Lead and Zinc are down 1.30% each to trade at 2010.00, 2110.00 and 2268.75 respectively. Ti Crude Oil is trading flat at 94.88 ahead of weekly Oil stockpiles report tonight whereas Natural Gas is trading at 3.973, down 0.55% or 2 cents per mmbtu.
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