Commodities snapshot (precious & industrial)

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

Gold:

• Gold is struggling to cope with a stronger dollar. Today’s range $1238-1228
• Gold is currently trading at $1228/troy ounce. Immediate support lies at $1190, and resistance at $1250, $1285 area.

Silver:

• Silver is the worst performer of the day, confronted with resistance around $18 area. Today’s range $17.8-18.1
• Silver is currently trading at $17.87/troy ounce. Support lies at $17.6, & resistance at $18.4

Copper:

• Copper is likely to rise towards $3.2 per pound. Copper is the best performer of the week so far. Today’s range $2.76-2.7
• Copper is currently trading at $2.74/pound, immediate support lies at, $2.4 & resistance at  $2.86