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Commodities snapshot (precious & industrial)

Metal pack is almost flat today. Performance this week at a glance in chart & table -

Gold -

  • Gold is almost flat today, trading range is getting squeezed, breakout possibility ahead. Today's range $1076-1071
  • Gold is currently trading at $1072/troy ounce. Immediate support lies at $1050, 1030 and resistance at $1108 area.

Silver -

  • Silver is up in line with gold, however worst performer of the week so far. Today's range $14.25-14.14
  • Silver is currently trading at $14.16/troy ounce. Support lies at $14 & resistance at $15.2, $16.5.

Copper -

  • Copper is almost flat, key focus on FOMC next week. Today's range $2.05-2.08
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.06/pound, immediate support lies at, $2 & resistance at $2.35.

Gold

-1.20%

Silver

-2.48%

Copper

  -0.77%

  • Market Data
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