Commodities snapshot (precious & industrial)

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

Gold:

• Gold remains above key resistance but struggling to gain further grounds on. Today’s range $1227-1234
• Gold is currently trading at $1231/troy ounce. Immediate support lies at $1190, and resistance at $1250, $1285 area.

Silver:

• Silver is slightly better performer compared to gold. Today’s range $17.83-18.09
• Silver is currently trading at $17.97/troy ounce. Support lies at $17, & resistance at $18

Copper:

• Copper rose sharply in the Asian hours and reached the highest level since 2014 but scaled back its gains. Today’s range $2.82-2.77
• Copper is currently trading at $2.78/pound, immediate support lies at, $2.4 & resistance at  $2.86