Commodities snapshot (precious & industrial)

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

Gold:

• Gold is continuing its march higher as the dollar weakens amid risk aversion. Today’s range $1296-1287
• Gold is currently trading at $1292/troy ounce. Immediate support lies at $1220, and resistance at $1275 area.

Silver:

• Silver is moving higher along with gold as USD weakens. Today’s range $15.46-15.75
• Silver is currently trading at $15.63/troy ounce. Support lies at $15.1 & resistance at $16

Copper:

• Copper is the worst performer of the week so far. The focus is on Sino-American trade talks this week. Today’s range $2.61-2.66
• Copper is currently trading at $2.63/pound, immediate support lies at, $2.55 & resistance at  $2.81