Precious metals in price declines

In the metals markets on Tuesday, precious metals saw declines while the price of base metals were up. Copper added 0.5 percent to $7,490 per tonne on continuing supply and strike worries, while Nickel gained 4.3 percent to $27,750 per tonne.

Gold dropped 1.4 percent to $580.10 per troy ounce ahead of a decision from the US Federal Reserve on interest rates, due Wednesday. Silver declined by 1.8 percent to $10.93 per troy ounce, while platinum was 0.5 percent lower to $1,152 per troy ounce and palladium remained even at $307 per troy ounce.