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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 is down this week again but recovered some of the earlier loss. Today’s range $1237-1253
  • Gold is currently trading at $1252/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is down in line with the gold. Today’s range $15.76 -16.06
  • Silver is currently trading at $16.00/troy ounce. Support lies at $15.4 & resistance at $16.8

Copper:

  • Copper selloff continues amid trade war fear. The worst performer of the week so far. Today’s range $2.98-2.92
  • Copper is currently trading at $2.94/pound, immediate support lies at, $2.92 & resistance at  $3.10

 

Gold

 -0.08%

Silver

 -0.19%

Copper

  -0.81%

 

 

 

 

 

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