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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is heading lower amid lack of risk aversion. Today’s range $1264-1253
  • Gold is currently trading at $1266/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is testing support below $16 area. Today’s range $16.02-15.78
  • Silver is currently trading at $15.81/troy ounce. Support lies at $15.8 & resistance at $17.2

Copper:

  • Copper is down this week since Monday after seven days of consecutive rise. Today’s range $2.94-2.99
  • Copper is currently trading at $2.97/pound, immediate support lies at, $3.01 & resistance at  $3.15

 

Gold

 -3.95%

Silver

 -3.30%

Copper

 -4.13%

 

 

 

 

 

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