The metal pack is down today. The performance this week at a glance in the chart & table -
Gold:
- Gold is up today over weaker USD. Remains upbeat on risk aversion. Today’s range $1243-1250
- Gold is currently trading at $1247/troy ounce. Immediate support lies at $1195, and resistance at $1250 area.
Silver:
- Further decline likely as the silver breaks key support around $14.2 area. Up today on weaker USD. Today’s range $14.49-14.74
- Silver is currently trading at $14.70/troy ounce. Support lies at $14 & resistance at $16
Copper:
- Copper is up this week as trade deal optimism returns with China reducing tariffs on imported cars. Likely to decline further to test $2.5 area once the optimism fades. Today’s range $2.78-2.72
- Copper is currently trading at $2.772/pound, immediate support lies at, $2.55 & resistance at $2.81
|
Gold |
-0.08% |
|
Silver |
+0.89% |
|
Copper |
+0.80% |


FxWirePro: Daily Commodity Tracker - 21st March, 2022
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



