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Commodities snapshot (precious & industrial)

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

Gold -

  • Gold is failing to gain much ground after Friday's rise after weak NFP report. Today's range - $1142-$1130.
  • Gold is currently trading at $1135/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.

Silver -

  • Silver is the best performer today, gaining follow through after Friday's rise. Today's range $15.10-15.73
  • Silver is currently trading at $15.65/troy ounce. Support lies at $14 & resistance at $16.

Copper -

  • Copper hasn't moved much over weaker payroll as growth concern persists. Today's range $2.33-2.37.
  • Longer term Call - Sell Copper targeting $1.85/pound, though it might gain in the short term.
  • Copper is currently trading at $2.36/pound, immediate support lies at, $2.2 & resistance at $2.5.

Gold

-0.26%

Silver

+2.83%

Copper

  +0.73%

  • Market Data
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