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Commodities snapshot (precious & industrial)

Metal pack is green today. Performance this week at a glance in chart & table - Gold - Gold is up today as Dollar took a beating after ECB's disappointment in stimulus. Today's range $1063-1046 Gold is currently trading …

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

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

Gold -

  • Gold is up today as Dollar took a beating after ECB's disappointment in stimulus. Today's range $1063-1046
  • Gold is currently trading at $1058/troy ounce. Immediate support lies at $1050, 1030 and resistance at $1108 area.  

Silver -

  • Silver broke below $14 support area but up as Dollar took a beating. Today's range $14.16-13.8
  • Silver is currently trading at $14.07/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper -

  • Copper gained over weaker Dollar. Today's range $2.06-2.02
  • 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

+0.19%

Silver

+0.07%

Copper

  -0.53%

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