Commodities snapshot (precious & industrial)

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

Gold:

• Gold is heading higher once again as the dollar rose. Today’s range $1231-1239
• Gold is currently trading at $1237/troy ounce. Immediate support lies at $1190, and resistance at $1250, $1285 area.

Silver:

• Silver recovered as the dollar declined and now positive for the week. Today’s range $17.8-18.01
• Silver is currently trading at $18.04/troy ounce. Support lies at $17.6, & resistance at $18.4

Copper:

• Copper is likely to rise towards $3.2 per pound but It is the worst performer of the week so far. Today’s range $2.72-2.76
• Copper is currently trading at $2.72/pound, immediate support lies at, $2.4 & resistance at  $2.86