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Commodities snapshot (precious & industrial)

Wednesday, November 11, 2015 4:39 PM UTC

Metal pack is having another down day. Performance this week at a glance in chart & table -

Gold -

Gold bears are at it again, pushing the metal lower. Today's range $1085-1095
Gold is currently trading at $1086/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.

Silver -

Silver is closing in on $14 support area. Today's range $14.5-14.3
Silver is currently trading at $14.33/troy ounce. Support lies at $14 & resistance at $16.5.

Copper -

Copper is down for sixth consecutive days. Weaker Chinese industrial production data is weighing on Copper. It touched lowest in six years. Today's range $2.24-2.2
Longer term Call - Sell Copper targeting $1.85/pound.
Copper is currently trading at $2.21/pound, immediate support lies at, $2.2, $2 & resistance at $2.5.

Gold	-0.28%
Silver	-2.91%
Copper	-1.43%

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Commodities snapshot (precious & industrial)

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