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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 down after a spike as equities recover. Today’s range $1309-1319
  • Gold is currently trading at $1327/troy ounce. Immediate support lies at $1290, and resistance at $1335 area.

Silver:

  • Silver is down in line with the gold. Today’s range $16.23-16.46
  • Silver is currently trading at $16.28/troy ounce. Support lies at $16.6 & resistance at $18

Copper:

  • Copper gave up all the earlier gains. It is the worst performer of the week. Today’s range $3.12-3.06
  • Copper is currently trading at $3.07/pound, immediate support lies at, $3.12 & resistance at  $3.45

 

Gold

 -0.38%

Silver

 +0.48%

Copper

  -0.16%

 

 

 

 

 

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