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Metal pack is mixed in today's trading. Performance this week at a glance in chart & table -
Gold -
- Gold dropped further as lesser appetite for the yellow metal prevails. Today's range - $1128-$1111
- Gold is currently trading at $1114/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.
Silver -
- Silver is better performer than gold today, dropping sharply but finding support around $14.5 area. Today's range $14.76-14.48
- Silver is currently trading at $14.54/troy ounce. Support lies at $14 & resistance at $16.
Copper -
- Copper is sharply up today as Glencore's shut down of mines might lead to supply shock in future Today's range $2.25-2.36.
- Longer term Call - Sell Copper targeting $1.85/pound
- Copper is currently trading at $2.34/pound, immediate support lies at, $2.2 & resistance at $2.5.
|
Gold |
-2.77% |
|
Silver |
-3.52% |
|
Copper |
+2.63% |
