Precious metals on CMX held steady on Tuesday, as traders continued to monitor the direction of the dollar and mull the timing of the first US rate hike. Actively traded Gold contract is trading at 1208.50 after having tested a low of 1194.60 whereas Silver futures tested a low of 16.07 before settling in red at 16.42, down 3 cents an ounce. LME Copper fell from the highest close in seven weeks after data showed manufacturing slowed in the US and before policy makers unveil growth targets in China. 3-month Copper is losing 1.38% or 81.50 points to trade at 5836.00, followed by the rest of the metals which are down around a percent each. WTI Crude Oil is gaining 1.21% or 61 cents to trade at 50.18 after having tested a high of 50.32 per barrel while Natural Gas tested a low of 2.64 before settling at 2.655, dropped over 1.5% or 4 cents per mmbtu.
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