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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 heading lower amid a stronger dollar. Testing a key support line at the moment. Today’s range $1245-1230
  • Gold is currently trading at $1232/troy ounce. Immediate support lies at $1230, and resistance at $1290 area.

Silver:

  • Silver is down in line with the gold. Today’s range $15.86 -15.54
  • Silver is currently trading at $15.58/troy ounce. Support lies at $15.4 & resistance at $16.8

Copper:

  • Copper selloff continues amid trade war fear. The worst performer of the week so far. Today’s range $2.75-2.80
  • Copper is currently trading at $2.75/pound, immediate support lies at, $2.72 & resistance at  $2.95

 

Gold

 -0.73%

Silver

 -1.27%

Copper

  -1.08%

 

 

 

 

 

  • Market Data
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