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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 down after a spike as equities recover. Today’s range $1332-1323
  • Gold is currently trading at $1327/troy ounce. Immediate support lies at $1320, and resistance at $1350 area.

Silver:

  • Silver is the best performer of the week. Today’s range $16.80-16.58
  • Silver is currently trading at $16.66/troy ounce. Support lies at $16.6 & resistance at $18

Copper:

  • Copper gave up all the earlier gains. Today’s range $3.23-3.16
  • Copper is currently trading at $3.17/pound, immediate support lies at, $3.12 & resistance at  $3.45

 

Gold

 -0.38%

Silver

 +0.48%

Copper

  -0.16%

 

 

 

 

 

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