FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
 - EconoTimes)
Metal pack is down today. Performance this week at a glance in chart & table -
Gold:
- Gold shot higher as the US launches missile attacks on Syria. Today’s range $1271-1250
- We expect the gold price to reach $1365 per troy ounce.
- Gold is currently trading at $1267/troy ounce. Immediate support lies at $1190, and resistance at $1290 area.
Silver:
- Silver is up this week so far but worse performer than gold due to lack of haven bid. Today’s range $18.37-18.14
- Silver is currently trading at $18.19/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 faced another selloff. Today’s range $2.67-2.6
- Copper is currently trading at $2.61/pound, immediate support lies at, $2.4 & resistance at $2.7
|
Gold |
+1.52% |
|
Silver |
+0.60% |
|
Copper |
-1.25% |
