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Commodities snapshot (precious & industrial)

Metal pack is mixed, while precious is down, industrial is up. Performance this week at a glance in chart & table -

Gold 

  • Gold seems to have found support in $1075 area. Today's range $1089-1079
  • Gold is currently trading at $1081/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.

Silver 

  • Silver is relatively worse performer, closing in on key support around $14. Today's range $14.38-14.18
  • Silver is currently trading at $14.22/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper 

  • Copper is finally up after seven days of consecutive selloffs. Today's range $2.22-2.16
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.17/pound, immediate support lies at, $2 & resistance at $2.35.

Gold

-0.73%

Silver

-3.66%

Copper

  -3.21%

  • Market Data
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