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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 and dollar recovers. Today’s range $1306-1316
  • Gold is currently trading at $1309/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is the worst performer of the week. Today’s range $16.39-16.20
  • Silver is currently trading at $16.3/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is continuing its range trade. Today’s range $3.03-3.08
  • Copper is currently trading at $3.07/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 -1.06%

Silver

 -1.15%

Copper

  +0.10%

 

 

 

 

 

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