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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is declining as it failed to clear key resistance around $1350 area. Today’s range $1337-1347
  • Gold is currently trading at $1338/troy ounce. Immediate support lies at $1330, and resistance at $1360 area.

Silver:

  • Silver is the worst performer of the week. Today’s range $17.42-17.16
  • Silver is currently trading at $17.19/troy ounce. Support lies at $16.6 & resistance at $18

Copper:

  • Copper is the best performer this week. Today’s range $3.22-3.18
  • Copper is currently trading at $3.19/pound, immediate support lies at, $3.12 & resistance at  $3.45

 

Gold

 -0.85%

Silver

 -0.81%

Copper

  -0.38%

 

 

 

 

 

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