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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 up on weaker dollar. Testing key resistance around $1350 area Today’s range $1352-1362
  • Gold is currently trading at $1355/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is up in line with the gold this week. Today’s range $16.74-16.97
  • Silver is currently trading at $16.77/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is sharply higher this week after last week’s battering. Today’s range $3.23-3.27
  • Copper is currently trading at $3.25/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 +0.04%

Silver

 +0.24%

Copper

  -0.93%

 

 

 

 

 

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