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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold gave up gains as risk aversion fades. Today’s range $1335-1326
  • Gold is currently trading at $1328/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is down in line with the gold. Today’s range $16.29-16.55
  • Silver is currently trading at $16.34/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is the best performer this week. Today’s range $3.08-3.03
  • Copper is currently trading at $3.06/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 -0.41%

Silver

 -0.06%

Copper

  +0.76%

 

 

 

 

 

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