Commodities snapshot (precious & industrial)

Metal pack is mixed today. Performance this week at a glance in chart & table -

Gold:

• Gold is higher this week on risk aversion despite a stronger dollar. Today’s range $1228-1236
• Gold is currently trading at $1232/troy ounce. Immediate support lies at $1190, and resistance at $1250, $1285 area.

Silver:

• Silver is up in line with gold today. Today’s range $17.64-17.45
• Silver is currently trading at $17.65/troy ounce. Support lies at $16.4, & resistance at $17.2, $18

Copper:

• Copper is trying to gain further grounds lost last week making $2.6 area as support. Today’s range $2.62-2.66
• Copper is currently trading at $2.64/pound, immediate support lies at, $2.4 & resistance at  $2.86