The metal pack is mixed today. The performance this week at a glance in chart & table -
Gold:
- Gold is struggling despite weak dollar as risk aversion subsides. Today’s range $1290-1297
- Gold is currently trading at $1295/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.
Silver:
- Silver is the best performer this week. Today’s range $16.78-16.95
- Silver is currently trading at $16.92/troy ounce. Support lies at $16 & resistance at $17.5
Copper:
- Copper gave up earlier gains, likely to decline towards $3.13 area. Today’s range $3.22-3.25
- Copper is currently trading at $3.25/pound, immediate support lies at, $3.05 & resistance at $3.32
|
Gold |
-0.31% |
|
Silver |
+1.01% |
|
Copper |
-1.64% |
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