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Commodities snapshot (precious & industrial)

Metal pack is red today. Performance this week at a glance in chart & table - Gold - Gold dropped to lowest level since 2010. Today's range $1074-1052 Gold is currently trading at $1057/troy ounce. Immediate support lies…

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

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

Gold -

  • Gold dropped to lowest level since 2010. Today's range $1074-1052
  • Gold is currently trading at $1057/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.

Silver -

  • Silver is back testing $14 area once again looking for support. Today's range $14.33-13.94
  • Silver is currently trading at $14.1/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper -

  • Copper is up, down over Chinese concern. Today's range $2.05-2.11
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.05/pound, immediate support lies at, $2 & resistance at $2.35.

Gold

-1.91%

Silver

-0.47%

Copper

  +0.54%

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