The metal pack is mixed today. Performance this week at a glance in chart & table -
Gold:
- Gold declines further as FOMC signals rate hike. Today’s range $1301-1288
- Gold might decline towards $1258 per troy ounce
- Gold is currently trading at $1292/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.
Silver:
- Silver is the worst performer of the week. Today’s range $16.81-17.21
- Silver is currently trading at $16.95/troy ounce. Support lies at $17.1 & resistance at $18.2
Copper:
- Copper gave up earlier gains as China’s rating downgraded. Today’s range $2.96-2.99
- Copper is currently trading at $2.94/pound, immediate support lies at, $2.89 & resistance at $3.12
Gold |
-2.05% |
Silver |
-3.48% |
Copper |
-0.24% |
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