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Commodities snapshot (precious & industrial)

The metal pack is mixed today. Performance this week at a glance in chart & table -

Gold:

  • Gold recovered from an earlier loss on weaker dollar, but still marginally down. Today’s range $1286-1293
  • Gold is currently trading at $1292/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is the worst performer of this week. Today’s range $17.04-17.19
  • Silver is currently trading at $17.13/troy ounce. Support lies at $16.7 & resistance at $18

Copper:

  • Copper is struggling in a range. Today’s range $3.12-3.15
  • Copper is currently trading at $3.14/pound, immediate support lies at, $3.01 & resistance at  $3.15

 

Gold

 -0.15%

Silver

 -0.87%

Copper

 +2.15%

 

 

 

 

 

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