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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 $1332-1343
  • Gold is currently trading at $1332/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is up in line with the gold. Today’s range $16.36-16.64
  • Silver is currently trading at $16.39/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 $3.05/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 +0.64%

Silver

 +0.37%

Copper

  +0.99%

 

 

 

 

 

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