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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 under pressure as dollar rises on strong CPI. Today’s range $1337-1316
  • Gold is currently trading at $1326/troy ounce. Immediate support lies at $1290, and resistance at $1335 area.

Silver:

  • Silver is up in line with the gold this week. Today’s range $16.34-16.70
  • Silver is currently trading at $16.43/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is sharply higher this week after last week’s battering. Today’s range $3.18-3.13
  • Copper is currently trading at $3.15/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 +0.61%

Silver

 +0.61%

Copper

  +3.52%

 

 

 

 

 

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