Metal pack is mixed today. Performance this week at a glance in chart & table
Gold
- Gold is marginally down as risk aversion faded. Today's range $1100-1108
- Gold is currently trading at $1103/troy ounce. Immediate support lies at $1050, $1030 and resistance at $1108 area.
- Active call - Buy gold @1090 and at dips of every $10, with initial target of $1140.
Silver
- Silver is up in contrast to gold. Today's range $13.93-14.08
- Silver is currently trading at $14.05/troy ounce. Support lies at $13.6 & resistance at $14.4, $15.5.
Copper
- Copper is almost flat today as selloff over China abated. Today's range $2.02-1.96
- Longer term Call - Sell Copper targeting $1.85/pound.
- Copper is currently trading at $1.98/pound, immediate support lies at, $1.85 & resistance at $2.1.
Gold |
-0.09% |
Silver |
+0.86% |
Copper |
-1.98% |