The metal pack is up today. The performance this week at a glance in chart & table -
Gold:
- Gold remains under pressure amid a stronger dollar and higher rates but up today on a weaker dollar. Today’s range $1182-1160
- Gold is currently trading at $1187/troy ounce. Immediate support lies at $1150, and resistance at $1220 area.
Silver:
- Silver is a slightly better performer than the gold. Today’s range $14.96 -14.32
- Silver is currently trading at $14.75/troy ounce. Support lies at $14.2 & resistance at $15.5
Copper:
- Copper recovered on news that U.S. and China set to resume trade negotiations. Today’s range $2.64-2.56
- Copper is currently trading at $2.63/pound, immediate support lies at, $2.55 & resistance at $2.75
Gold |
-2.64% |
Silver |
-3.28% |
Copper |
-4.12% |