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Commodities snapshot (precious & industrial)

Metal pack is mixed today, precious is down, industrial is up. Performance this week at a glance in chart & table - Gold - Gold is down today, focus is on FOMC on Wednesday. Today's range $1077-1065 Gold is currently tra…

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

Metal pack is mixed today, precious is down, industrial is up. Performance this week at a glance in chart & table -

Gold -

  • Gold is down today, focus is on FOMC on Wednesday. Today's range $1077-1065
  • Gold is currently trading at $1072/troy ounce. Immediate support lies at $1050, 1030 and resistance at $1108 area.

Silver -

  • Silver is down in line with gold. Today's range $14-13.62
  • Silver is currently trading at $13.8/troy ounce. Support lies at $14 & resistance at $15.2, $16.5.

Copper -

  • Copper is marginally higher today, relatively firmer since Friday. Today's range $2.09-2.13
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.11/pound, immediate support lies at, $2 & resistance at $2.35.

Gold

-0.28%

Silver

-0.68%

Copper

  +0.38%

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