The metal pack is up today. Performance this week at a glance in chart & table -
Gold:
- Gold price is up on weaker dollar. Today’s range $1245-1255
- We expect the gold price to reach $1390 per troy ounce. In the short-term price is likely to decline to $1225 area.
- Gold is currently trading at $1252/troy ounce. Immediate support lies at $1230, and resistance at $1275 area.
Silver:
- Silver is up this week, contrasting with gold. Today’s range $16.89-16.61
- Silver is currently trading at $16.79/troy ounce. Support lies at $16.2 & resistance at $17.1
Copper:
- Copper is the best performer of the week. Today’s range $2.61-2.64
- Copper is currently trading at $2.65/pound, immediate support lies at, $2.4 & resistance at $2.7
Gold |
-0.32% |
Silver |
+0.90% |
Copper |
+1.07% |
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest