Precious metals on COMEX are trading lower since morning and continue its last session’s decline to the 4-years lowest level. Actively traded Gold contract tested a low of 1145.50 before settling at 1251.20, down 8.70 points or 0.75% an ounce and Silver is down around a percent or 13 cents to trade at 15.54 after having tested a low of 15.445. Base metals are trading lower due to stronger dollar against the other currencies. Aluminum is leading the group, fell 1.42% or 29 points to 2009.75 while Copper also declined around a percent or 58 points to 6611.75, followed by rest of the metals. WTI Crude Oil is extending its slide to multi years low and trading at 77.16, down 19 cents or 0.26% while Natural Gas slashed over 2.25% or 10 cents to trade at 4.159 after having tested a low of 4.13 mmbtu.
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