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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is heading lower amid lack of risk aversion. Today’s range $1246-1241
  • Gold is currently trading at $1243/troy ounce. Immediate support lies at $1225, and resistance at $1272 area.

Silver:

  • Silver is testing support below $16 area. Today’s range $15.68-15.84
  • Silver is currently trading at $15.78/troy ounce. Support lies at $15.8, $15.2 & resistance at $16.6

Copper:

  • Copper is likely to make a comeback in the coming days. Today’s range $3.03-2.99
  • Copper is currently trading at $3.02/pound, immediate support lies at, $3.01 & resistance at  $3.15

 

Gold

 -0.40%

Silver

 -0.38%

Copper

 +1.38%

 

 

 

 

 

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