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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is flat today after last week’s big selloff. Today’s range $1276-1282
  • Gold is currently trading at $1279/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is the best performer this week. Today’s range $16.69-16.40
  • Silver is currently trading at $16.54/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper reached target around $3.13 area. Today’s range $3.11-3.15
  • Copper is currently trading at $3.12/pound, immediate support lies at, $3.05 & resistance at  $3.32

 

Gold

 +0.00%

Silver

 +0.06%

Copper

  -0.32%

 

 

 

 

 

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