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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 is higher on geopolitical tensions and a weaker dollar. Today’s range $1311-1321
  • Gold is currently trading at $1317/troy ounce. Immediate support lies at $1225, and resistance at $1272 area.

Silver:

  • Silver is up in line with the gold. Today’s range $17.07-17.24
  • Silver is currently trading at $17.17/troy ounce. Support lies at $15.8, $15.2 & resistance at $16.6

Copper:

  • Copper is the worst performer of the day. Today’s range $3.24-3.28
  • Copper is currently trading at $3.26/pound, immediate support lies at, $3.12 & resistance at  $3.45

 

Gold

 +0.84%

Silver

 +0.94%

Copper

  -0.91%

 

 

 

 

 

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