Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Commodities snapshot (precious & industrial)

Metal pack is mixed today. Performance this week at a glance in chart & table -

Gold -

  • Gold is up today on weak Dollar and risk aversion. Today's range $1199-1185
  • Gold is currently trading at $1194/troy ounce. Immediate support lies at $1120, $1142 and resistance at $1195, $1210 area.
  • Active call - target for gold reached at $1140, next target $1230.

 Silver -

  • Silver is marginally down. Today's range $15.25-15.43
  • Silver is currently trading at $15.34/troy ounce. Support lies at $14.1 & resistance at $16

Copper -

  • Copper is sharply down on risk aversion. Today's range $2.01-2.11
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.02/pound, immediate support lies at, $2.03 & resistance at $2.15

Gold

+1.79%

Silver

+2.47%

Copper

 -3.44%

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.