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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 recovered some of the losses on a weaker dollar. Today’s range $1266-1261
  • Gold is currently trading at $1266/troy ounce. Immediate support lies at $1225, and resistance at $1272 area.

Silver:

  • Silver is bouncing from support below $16 area. Today’s range $16.08-16.26
  • Silver is currently trading at $16.23/troy ounce. Support lies at $15.8, $15.2 & resistance at $16.6

Copper:

  • Copper is heading higher to test resistance. Today’s range $3.13-3.19
  • Copper is currently trading at $3.18/pound, immediate support lies at, $3.01 & resistance at  $3.15

 

Gold

 +0.88%

Silver

 +1.63%

Copper

  +1.37%

 

 

 

 

 

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