The metal pack is down today. The performance this week at a glance in the chart & table -
Gold:
- Gold is continuing its march higher as the dollar weakens amid risk aversion. Currently, testing resistance around $1300 area. Today’s range $1295-1289
- Gold is currently trading at $1290/troy ounce. Immediate support lies at $1260, and resistance at $1335 area.
Silver:
- Silver is moving higher along with gold as USD weakens. But sharply down this week. Today’s range $15.44-15.64
- Silver is currently trading at $15.48/troy ounce. Support lies at $15.1 & resistance at $16
Copper:
- Copper is recovering after reaching our target around $2.55 area. Today’s range $2.62-2.66
- Copper is currently trading at $2.67/pound, immediate support lies at, $2.55 & resistance at $2.81
Gold |
+0.47% |
Silver |
-1.15% |
Copper |
+1.06% |