Metal pack is up today. Performance this week at a glance in chart & table -
Gold:
- Gold gained further momentum as the dollar weakens across the board. Likely to slide towards $1090 per troy ounce. Today’s range $1179-1162
- Gold is currently trading at $1173/troy ounce. Immediate support lies at $1150, and resistance at $1225, $1285 area.
Silver:
- Silver is a much better performer than gold this week. Today’s range $15.86-16.16
- Silver is currently trading at $16.57/troy ounce. Support lies at $16, & resistance at $17.8
Copper:
- Copper rose sharply after finding support around $2.5 area. Today’s range $2.54-2.59
- Active call – Sell copper targeting $2.15 per pound
- Copper is currently trading at $2.56/pound, immediate support lies at, $2.4 & resistance at $2.86
Gold |
+1.92% |
Silver |
+4.19% |
Copper |
+2.81% |