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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 remains elevated over U.S. government shutdown and a weaker dollar. Down this week after 5 consecutive weekly bull run. Today’s range $1326-1338
  • Gold is currently trading at $1335/troy ounce. Immediate support lies at $1307, and resistance at $1345 area.

Silver:

  • Silver is the worst performer of the week. Today’s range $16.91-17.15
  • Silver is currently trading at $17.03/troy ounce. Support lies at $16.6 & resistance at $18

Copper:

  • Copper is down this week. Today’s range $3.24-3.19
  • Copper is currently trading at $3.19/pound, immediate support lies at, $3.12 & resistance at  $3.45

 

Gold

 -0.20%

Silver

 -1.10%

Copper

  -0.81%

 

 

 

 

 

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