 - EconoTimes)
The metal pack is mixed today. Performance this week at a glance in chart & table -
Gold:
- Gold is higher on risk aversion as Trump administration hit by media allegations. Today’s range $1235-1249
- We expect the gold price to reach $1390 per troy ounce.
- Gold is currently trading at $1249/troy ounce. Immediate support lies at $1230, and resistance at $1290 area.
Silver:
- Silver is the best performer of the week. Today’s range $16.79-16.99
- Silver is currently trading at $16.93/troy ounce. Support lies at $16 & resistance at $17
Copper:
- Active call - Copper is likely to rise towards $3.2 per pound. Copper is the weakest performer of the week so far. Today’s range $2.56-2.53
- Copper is currently trading at $2.54/pound, immediate support lies at, $2.4 & resistance at $2.7
|
Gold |
+1.71% |
|
Silver |
+3.04% |
|
Copper |
-4.68% |
