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Commodities snapshot (precious & industrial)

Metal pack is trading in green today. Performance this week at a glance in chart & table -

Gold -

  • Gold is up today, as investors brace yellow metal's protection against volatility. Today's range - $1121-$1134
  • Gold is currently trading at $1131/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.  

Silver -

  • Silver is up but finding resistance around $15 area. Today's range $14.93-14.71
  • Silver is currently trading at $14.77/troy ounce. Support lies at $14 & resistance at $16.

Copper -

  • Copper is marginally up from support area of $2.29/pound. Today's range $2.32-2.29.
  • Active short term call -Buy Copper @ $2.44 with targets at $2.55, $2.65, $2.75 and stop loss around $2.24/pound.
  • Longer term Call - Sell Copper targeting $1.75/pound
  • Copper is currently trading at $2.31/pound, immediate support lies at, $2.24, 2.29 & resistance at $2.5.

Gold

-0.70%

Silver

-1.78%

Copper

  -2.86%

  • Market Data
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