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Commodities snapshot (precious & industrial)

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

Gold -

  • Gold dropped sharply breaking interim support at $1125. Today's range - $1146-$1117
  • Next target is at $1108. .
  • Gold is currently trading at $1123/troy ounce. Immediate support lies at $1060 and resistance at $1120 area.

Silver -

  • Silver is worst performer today, down over demand concern. Today's range $14.75-14
  • Silver is currently trading at $14.1/troy ounce. Support lies at $14 & resistance at $16.

Copper -

  • Copper continued its bear run as optimism faded and China rate cut lost its charm. Today's range $2.31-2.23.
  • Copper is currently trading at $2.30/pound, immediate support lies at, $2.2 & resistance at $2.35.

Gold

-1.98%

Silver

-4.05%

Copper

 +0.13%

  • Market Data
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