The metal pack is mixed today. Performance this week at a glance in chart & table -
Gold:
- Gold price in decline again as the dollar recovered. Today’s range $1234-1258
- 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 $1241/troy ounce. Immediate support lies at $1230, and resistance at $1275 area.
Silver:
- Silver is down in line with gold. Today’s range $16.79-15.66
- Silver is currently trading at $16.48/troy ounce. Support lies at $16.2 & resistance at $17.1
Copper:
- Copper is the best performer of the day. Today’s range $2.60-2.65
- Copper is currently trading at $2.63/pound, immediate support lies at, $2.4 & resistance at $2.7
Gold |
-1.19% |
Silver |
-1.02% |
Copper |
+0.34% |
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