The metal pack is up today. The performance this week at a glance in the chart & table -
Gold:
- Gold is up on risk aversion and a weaker USD. Today’s range $1212-1225
- Gold is currently trading at $1225/troy ounce. Immediate support lies at $1195, and resistance at $1250 area.
Silver:
- Further decline likely as the silver breaks key support around $14.2 area. Today’s range $14.28-14.08
- Silver is currently trading at $14.4/troy ounce. Support lies at $14.4 & resistance at $16
Copper:
- Copper remains volatile over U.S. - China trade negotiations. Likely to decline further to test $2.5 area. Today’s range $2.73-2.76
- Copper is currently trading at $2.76/pound, immediate support lies at, $2.55 & resistance at $2.81
Gold |
+1.32% |
Silver |
+1.98% |
Copper |
+3.13% |