Precious metals fell to a three-week low as a stronger dollar curbed demand after the Federal Reserve ended its asset-purchase program because of an improving labor market. Actively traded Gold contract tested a low of 1201.10 before settling at 1204.40, tumbling around 1.70% or 20.50 points and Silver is plunging over 2.25% or 40 cents to trade at 16.855, after having tested a low of 16.77 an ounce. WTI Crude Oil retreated from a one-week high after government data showed crude stockpiles rose as output surged to a record high in the US. Front month Crude Oil futures is losing over 1% or 86 cents to trade at 81.35 while Natural Gas is trading flat at 3.788 per mmbtu. With the exception of Zinc, base metals were trading lower but later on recovered some of losses. 3-month Nickel tested a low of 15336.00 before settling at 15465.00, down 1.12% or 175 points and leading the group. Copper prices dropped from one week high and trading flat at 6763.00 per metric ton.
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