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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is down after a spike as equities recover. Today’s range $1313-1323
  • Gold is currently trading at $1316/troy ounce. Immediate support lies at $1290, and resistance at $1335 area.

Silver:

  • Silver is down in line with the gold. Today’s range $16.29-16.48
  • Silver is currently trading at $16.41/troy ounce. Support lies at $16.6 & resistance at $18

Copper:

  • Copper gave up all the earlier gains. It is the worst performer of the week. Today’s range $3.12-3.06
  • Copper is currently trading at $3.07/pound, immediate support lies at, $3.12 & resistance at  $3.45

 

Gold

 -1.20%

Silver

 -1.03%

Copper

  -3.55%

 

 

 

 

 

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