The metal pack is down today. The performance this week at a glance in the chart & table -
Gold:
- Gold is heading lower despite risk aversion as USD recovers. Today’s range $1220-1229
- Gold is currently trading at $1221/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 $14.21-14.52
- Silver is currently trading at $14.27/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 $2.85-2.75
- Copper is currently trading at $2.77/pound, immediate support lies at, $2.55 & resistance at $2.81
Gold |
+0.00% |
Silver |
-0.63% |
Copper |
-0.86% |