Commodities snapshot (precious & industrial)

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

Gold:

• Gold is facing a key test around resistance, a strong dollar is posing headwinds for the yellow metal. Today’s range $1224-1235
• Gold is currently trading at $1234/troy ounce. Immediate support lies at $1190, and resistance at $1250, $1285 area.

Silver:

• Silver is slightly better performer compared to gold this week. Today’s range $17.78-18.09
• Silver is currently trading at $18/troy ounce. Support lies at $17.6, & resistance at $18.4

Copper:

• Copper is likely to rise towards $3.2 per pound. Today’s range $2.82-2.75
• Copper is currently trading at $2.76/pound, immediate support lies at, $2.4 & resistance at  $2.86