 - EconoTimes)
Metal pack is mixed today. Performance this week at a glance in chart & table -
Gold:
- Gold is down today as risk affinity gains with UK shifting towards stay. Today’s range $1299-1277
- Gold is currently trading at $1282/troy ounce. Immediate support lies at $1180 and resistance at $1350 area.
Silver:
- Silver is down marginally. Today’s range $17.24 -17.66
- Active call – Buy Silver @ $16.7 with target around $19 and stop loss at $14.8
- Silver is currently trading at $17.45 /troy ounce. Support lies at $15.6, $16 & resistance at $17.2, $17.8, 18.4
Copper:
- Copper is higher today as fund flows back into commodities with rising risk affinity. Today’s range $2.05-2.09
- Active call – Sell copper @2.06 and at rallies with targets around $1.75, $1.6/pound with stop loss around $2.3/pound
- Copper is currently trading at $2.04/pound, immediate support lies at, $2.03 & resistance at $2.3, $2.21
|
Gold |
-1.23% |
|
Silver |
-0.17% |
|
Copper |
+1.46% |
