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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold remains under pressure amid a stronger dollar. Today’s range $1202-1189
  • Gold is currently trading at $1191/troy ounce. Immediate support lies at $1190, and resistance at $1198 area.

Silver:

  • Further decline likely as the silver breaks key support around $14.2 area. Today’s range $14.07-14.26
  • Silver is currently trading at $14.20/troy ounce. Support lies at $13.4 & resistance at $15

Copper:

  • Copper remains under pressure as the U.S. China trade negotiations failed so far. Today’s range $2.58-2.62
  • Copper is currently trading at $2.61/pound, immediate support lies at, $2.55 & resistance at  $2.75

 

Gold

 -0.33%

Silver

 -2.04%

Copper

  -1.88%

 

 

 

 

 

 

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