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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 consolidating below $1300 area. Today’s range $1291-1276
  • Gold is currently trading at $1288/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is the worst performer of the week as the dollar recovers. Today’s range $16.88-17.13
  • Silver is currently trading at $17.06/troy ounce. Support lies at $16.7 & resistance at $18

Copper:

  • Copper is down over profit booking, still the best performer of the week. Today’s range $3.22-3.17
  • Copper is currently trading at $3.16/pound, immediate support lies at, $3.12 & resistance at  $3.27

Gold

 -1.07%

Silver

 -1.78%

Copper

 +1.12%

 

 

 

 

 

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