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Commodities snapshot (precious & industrial)

The metal pack is mixed today. Performance this week at a glance in chart & table -

Gold:

  • Gold is testing resistance around $1300 area. Today’s range $1292-1296
  • Gold is currently trading at $1294/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is a much worse performer than the gold this week. Today’s range $16.81-16.95
  • Silver is currently trading at $16.87/troy ounce. Support lies at $16.7 & resistance at $18

Copper:

  • Copper is down this week since Monday after seven days of consecutive rise. Today’s range $3.04-3.09
  • Copper is currently trading at $3.08/pound, immediate support lies at, $3.01 & resistance at  $3.15

 

Gold

 +0.54%

Silver

 -0.76%

Copper

 -3.79%

 

 

 

 

 

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