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Commodities snapshot (precious & industrial)

The metal pack is down today. The performance this week at a glance in chart & table -

Gold:

  • Gold has is recovering grounds as the dollar weakens on Trump’s verbal attack on the dollar. Today’s range $1215-1232
  • Gold is currently trading at $1228/troy ounce. Immediate support lies at $1190, and resistance at $1245 area.

Silver:

  • Silver is a much worse performer than the gold. Today’s range $15.16 -15.61
  • Silver is currently trading at $15.43/troy ounce. Support lies at $14.8 & resistance at $16

Copper:

  • Copper selloff continues amid trade war fear. However, recovered grounds on a weaker dollar. Today’s range $2.71-2.77
  • Copper is currently trading at $2.74/pound, immediate support lies at, $2.72 & resistance at  $2.95

 

Gold

 -1.05%

Silver

 -2.16%

Copper

  -1.47%

 

 

 

 

 

  • Market Data
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