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Commodities snapshot (precious & industrial)

Metal pack is mixed, while precious is up, industrial is in red. Performance this week at a glance in chart & table -

Gold -

  • Gold gained further ground post-FOMC. Today's range - $1127-$1142
  • Gold is currently trading at $1137/troy ounce. Immediate support lies at $1090 and resistance at $1125 area.

Silver -

  • Silver has broken above $15 area, as FED is kept rates steady. Today's range $15.43-15.03
  • Silver is currently trading at $15.2/troy ounce. Support lies at $14 & resistance at $16.

Copper -

  • Copper is worst performer today as Chile earthquake failed to raise concern over supply. Today's range $2.47-2.37.
  • Active call -Buy Copper @ $2.44 with targets at $2.55, $2.65, $2.75 and stop loss around $2.24/pound.
  • Copper is currently trading at $2.38/pound, immediate support lies at, $2.24, 2.29 & resistance at $2.5.

Gold

+2.71%

Silver

+4.18%

Copper

 -3.09%

  • Market Data
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