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Commodities snapshot (precious & industrial)

Metal pack is up today. Performance this week at a glance in chart & table - Gold - Gold recovered after selloff in Asian session. Today's range $1062-1050 Gold is currently trading at $1059/troy ounce. Immediate support…

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

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

Gold -

  • Gold recovered after selloff in Asian session. Today's range $1062-1050
  • Gold is currently trading at $1059/troy ounce. Immediate support lies at $1050, $1030 and resistance at $1108 area.

Silver -

  • Silver is up in line with gold. Today's range $13.95-13.7
  • Silver is currently trading at $13.9/troy ounce. Support lies at $13 & resistance at $14.2, $15.5.

Copper -

  • Copper continue to find support around $2 area. Today's range $2.04-2.11
  • 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

-1.49%

Silver

-0.03%

Copper

  +0.19%

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