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Commodities snapshot (precious & industrial)

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

Gold -

  • Gold is up over escalation of fighting in Middle East after militants attacked Paris, Friday night. Today's range $1083-1098
  • Gold is currently trading at $1092/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.

Silver -

  • Silver is up in line with gold, however upside may remain limited, without additional risk aversion. Today's range $14.23-14.48
  • Silver is currently trading at $14.4/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper -

  • Copper is down for ninth consecutive days, its longest losing stretch since early 2014. Today's range $2.13-2.17
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.15/pound, immediate support lies at, $2 & resistance at $2.35.

Gold

+0.78%

Silver

+1.19%

Copper

  -0.56%

  • Market Data
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