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Commodities snapshot (precious & industrial)

Metal pack is trading in green today. Performance this week at a glance in chart & table -

Gold -

  • Gold is gaining today, however bulls seem to be struggling after Monday's big selloffs. Today's range $1073-1081
  • Gold is currently trading at $1078/troy ounce. Immediate support lies at $1050, 1030 and resistance at $1108 area.

Silver -

  • Silver is up in line with gold, however worst performer of the week so far. Today's range $14.35-14.10
  • Silver is currently trading at $14.26/troy ounce. Support lies at $14 & resistance at $15.2, $16.5.

Copper -

  • Copper is back testing 2.1 resistance area. Today's range $2.05-2.09
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.08/pound, immediate support lies at, $2 & resistance at $2.35.

Gold

-0.65%

Silver

-1.79%

Copper

  +0.19%

  • Market Data
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