Metals, especially precious pack heavily down today. Performance this week at a glance in chart & table -
Gold -
- Gold is hovering around $1100 as traders scale next move. Today's range - $1110-$1096
- Gold is currently trading at $1106/troy ounce. Immediate support lies at $1060 and resistance at $1120 area.
Silver -
- Silver is getting resistance around $15. Today's range $15 -14.65
- Silver is likely to drop as low as $14
- Silver is currently trading at $14.85/troy ounce. Support lies at $14 & resistance at $16
Copper -
- Copper is trading in low volatility but with downside bias. Today's range $2.51-2.47
- Next target is around $2.24.
- Copper is currently trading at $2.48/pound, immediate support lies at, $2.2 & resistance at $2.65.
|
Gold |
-2.47% |
|
Silver |
+0.27% |
|
Copper |
-0.48% |


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