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Commodities snapshot (precious & industrial)

Metal pack is down, in today's trading. Performance this week at a glance in chart & table - Gold - Gold is in decline as risk aversion faded further. Today's range $1085-1074 Gold is currently trading at $1092/troy ounc…

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Commodities snapshot (precious & industrial)
Image from the original EconoTimes article

Metal pack is down, in today's trading. Performance this week at a glance in chart & table -

Gold -

  • Gold is in decline as risk aversion faded further. Today's range $1085-1074
  • Gold is currently trading at $1092/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.

Silver -

  • Silver is down in line with gold, as risk aversion faded. Today's range $14.17-14.32
  • Silver is currently trading at $14.23/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper -

  • Copper is down for tenth consecutive days, declined close to 11% at a stretch. Today's range $2.13-2.06
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.11/pound, immediate support lies at, $2 & resistance at $2.35.

Gold

-0.69%

Silver

-0.07%

Copper

  -2.17%

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