Metal pack is mixed today. Performance this week at a glance in chart & table -
Gold:
- Gold is trading sideways around $1250 area. $1257 area is a key resistance. Today’s range $1254-1246
- We expect the gold price to reach $1365 per troy ounce.
- Gold is currently trading at $1248/troy ounce. Immediate support lies at $1190, and resistance at $1290 area.
Silver:
- Silver is down today contrasting with gold. Today’s range $18.27-18.01
- Silver is currently trading at $18.18/troy ounce. Support lies at $17.2, & resistance at $18.4
Copper:
- Active call - Copper is likely to rise towards $3.2 per pound. Copper is looking to test resistance around $2.7 area. Today’s range $2.65-2.68
- Copper is currently trading at $2.67/pound, immediate support lies at, $2.4 & resistance at $2.7
Gold |
+0.55% |
Silver |
+2.36% |
Copper |
+1.14% |