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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is struggling to gain as it failed to break key resistance around $1350 area and as lack of risk aversion weighs. Today’s range $1318-1328
  • Gold is currently trading at $1320/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is down in line with the gold. Today’s range $16.52-16.68
  • Silver is currently trading at $16.46/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is down in line with precious metal. Today’s range $3.12-3.19
  • Copper is currently trading at $3.12/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 -0.23%

Silver

 -0.60%

Copper

  -0.61%

 

 

 

 

 

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