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Commodities snapshot (precious & industrial)

Metal pack is red today. Performance this week at a glance in chart & table - Gold - Gold is marginally down over profit bookings. Today's range $1078-1087 Gold is currently trading at $1080/troy ounce. Immediate support…

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

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

Gold -

  • Gold is marginally down over profit bookings. Today's range $1078-1087
  • Gold is currently trading at $1080/troy ounce. Immediate support lies at $1050, 1030 and resistance at $1108 area.

Silver -

  • Silver is down, in line with Gold. Today's range $14.66-14.48
  • Silver is currently trading at $14.49/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper -

  • Copper down as dollar is stronger across the board. Today's range $2.09-2.06
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.07/pound, immediate support lies at, $2 & resistance at $2.35.

Gold

-0.46%

Silver

-0.21%

Copper

  -0.29%

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