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Commodities snapshot (precious & industrial)

Metal pack is green today. Performance this week at a glance in chart & table -

Gold -

  • Gold is up on risk aversion in Middle East as Turkey downs Russian Jet over air space violations. Today's range $1081-1068
  • Gold is currently trading at $1075/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.

Silver -

  • $14 area once again provided support. Today's range $14.31-14.06
  • Silver is currently trading at $14.26/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper -

  • Copper is up, finding support in psychologically vital $2 area Today's range $2-2.08
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.07/pound, immediate support lies at, $2 & resistance at $2.35.

Gold

-0.28%

Silver

+0.66%

Copper

  +1.52%

  • Market Data
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