Metal pack is red in today's trading. Performance this week at a glance in chart & table -
Gold -
- Gold is heading lower form key resistance area, focus on FOMC minutes. Today's range - $1136-$1147.
- Gold is currently trading at $1144/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.
Silver -
- Silver finding resistance around $16/troy ounce. Silver might move higher first around $16.4 and later $17.7 area. Today's range $16.02-15.4
- Silver is currently trading at $15.68/troy ounce. Support lies at $14.4 & resistance at $16.5.
Copper -
- Copper is sharply lower today. China market opened after long holiday today. Today's range $2.31-2.37.
- In short term Copper might target $2.69/pound.
- Longer term Call - Sell Copper targeting $1.85/pound, though it might gain in the short term.
- Copper is currently trading at $2.33/pound, immediate support lies at, $2.2 & resistance at $2.5.
|
Gold |
+0.53% |
|
Silver |
+3.02% |
|
Copper |
-0.55% |


Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it?
What is Zionism? The different meanings of a contested term
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown
Banking scandal rocks Brazil’s politics and the country’s presidential election in October
‘Buy now, pay later’ doesn’t feel like debt. For young people, that can be a big problem
Europe can’t achieve space sovereignty alone. Here’s why
1 in 3 uni students experience serious financial hardship. Could concession cards for all help?
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat?
Who should own the knowledge that underpins AI technology? 



