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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is heading higher on rising risk aversion. Today’s range $1324-1336
  • Gold is currently trading at $1335/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is up in line with the gold. Today’s range $16.24-16.67
  • Silver is currently trading at $16.57/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is up this week. Today’s range $3.07-3.02
  • Copper is currently trading at $3.06/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 +0.87%

Silver

 +1.47%

Copper

  +1.39%

 

 

 

 

 

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