The metal pack is down today. Performance this week at a glance in chart & table -
Gold:
- Gold is again up today after a big rally last week on a weaker dollar. Today’s range $1251-1258
- In the short-term price is likely to decline to $1190 area.
- Gold is currently trading at $1256/troy ounce. Immediate support lies at $1190, and resistance at $1245 area.
Silver:
- Silver is up in line with the gold today. Today’s range $16.41-16.58
- Silver is currently trading at $16.52/troy ounce. Support lies at $14.8 & resistance at $16
Copper:
- Copper is testing key resistance around $2.7 area. Today’s range $2.73-2.71
- Copper is currently trading at $2.72/pound, immediate support lies at, $2.55 & resistance at $2.72
Gold |
+0.20% |
Silver |
+0.21% |
Copper |
+0.18% |
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