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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 higher on geopolitical tensions and a weaker dollar. Today’s range $1317-1305
  • Gold is currently trading at $1315/troy ounce. Immediate support lies at $1290, and resistance at $1325 area.

Silver:

  • Silver is up in line with the gold. Today’s range $17.23-16.96
  • Silver is currently trading at $17.18/troy ounce. Support lies at $16.6 & resistance at $18

Copper:

  • Copper is the worst performer of the day but performance improved. Today’s range $3.24-3.30
  • Copper is currently trading at $3.28/pound, immediate support lies at, $3.12 & resistance at  $3.45

 

Gold

 +0.69%

Silver

 +1.00%

Copper

  -0.33%

 

 

 

 

 

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