The metal pack is up today. Performance this week at a glance in chart & table -
Gold:
- Gold reverses earlier decline as stock prices lose steam. Today’s range $1249-1258
- We expect the gold price to reach $1390 per troy ounce. In the short-term price is likely to decline to $1225 area.
- Gold is currently trading at $1257/troy ounce. Immediate support lies at $1230, and resistance at $1275 area.
Silver:
- Silver recovered the loss and now positive for the week. Today’s range $16.51-16.82
- Silver is currently trading at $16.78/troy ounce. Support lies at $16.2 & resistance at $17.1
Copper:
- Copper became from the worst to the best performer of the week. Today’s range $2.59-2.65
- Copper is currently trading at $2.64/pound, immediate support lies at, $2.4 & resistance at $2.7
Gold |
+0.35% |
Silver |
+0.66% |
Copper |
+2.57% |
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