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Commodities snapshot (precious & industrial)

The metal pack is mixed today. Performance this week at a glance in chart & table -

Gold:

  • Gold is up today on a weaker dollar. So far, failed to break key resistance around $1350 area. Today’s range $1326-1341
  • Gold is currently trading at $1337/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is the best performer this week. Today’s range $16.37-16.79
  • Silver is currently trading at $16.67/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is flat for the week so far. Decline likely Today’s range $3.24-3.19
  • Copper is currently trading at $3.21/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 -1.41%

Silver

 -1.08%

Copper

  -2.10%

 

 

 

 

 

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