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Commodities snapshot (precious & industrial)

The metal pack is down today. Performance this week at a glance in chart & table -

Gold:

  • Gold is treading waters above $1300 area. Today’s range $1287-1296
  • Gold is currently trading at $1288/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is down since yesterday as the dollar recovers. Today’s range $17.28-17.03
  • Silver is currently trading at $17.07/troy ounce. Support lies at $16.7 & resistance at $18

Copper:

  • Copper has cleared previous high around $3.18 and heading higher. It is undergoing a correction today. Today’s range $3.24-3.20
  • Copper is currently trading at $3.21/pound, immediate support lies at, $3.12 & resistance at  $3.27

 

Gold

 -1.15%

Silver

 -1.73%

Copper

 +2.72%

 

 

 

 

 

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