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 - EconoTimes)
Metal pack is mixed, while precious is up, industrial is down. Performance this week at a glance in chart & table -
Gold -
- Gold is up over escalation of fighting in Middle East after militants attacked Paris, Friday night. Today's range $1083-1098
- Gold is currently trading at $1092/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.
Silver -
- Silver is up in line with gold, however upside may remain limited, without additional risk aversion. Today's range $14.23-14.48
- Silver is currently trading at $14.4/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.
Copper -
- Copper is down for ninth consecutive days, its longest losing stretch since early 2014. Today's range $2.13-2.17
- Longer term Call - Sell Copper targeting $1.85/pound.
- Copper is currently trading at $2.15/pound, immediate support lies at, $2 & resistance at $2.35.
|
Gold |
+0.78% |
|
Silver |
+1.19% |
|
Copper |
-0.56% |
