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 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.