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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 declined as risk aversion eased. Today’s range $1342-1332
  • Gold is currently trading at $1336/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is a much better performer than the gold. Today’s range $16.73-16.47
  • Silver is currently trading at $16.54/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper declined from key resistance but the best performer of the week. Today’s range $3.09-3.05
  • Copper is currently trading at $3.09/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 +0.19%

Silver

 +1.16%

Copper

  +1.58%

 

 

 

 

 

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