Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Commodities snapshot (precious & industrial)

The metal pack is down today. A performance this week at a glance in chart & table -

Gold:

  • Gold has cleared a key support amid a stronger dollar and heading lower fast. Today’s range $1211-1228
  • Gold is currently trading at $1217/troy ounce. Immediate support lies at $1190, and resistance at $1245 area.

Silver:

  • Silver is a much worse performer than the gold. Today’s range $15.16 -15.61
  • Silver is currently trading at $15.28/troy ounce. Support lies at $14.8 & resistance at $16

Copper:

  • Copper selloff continues amid trade war fear. The worst performer of the week so far. Today’s range $2.71-2.77
  • Copper is currently trading at $2.69/pound, immediate support lies at, $2.72 & resistance at  $2.95

 

Gold

 -1.93%

Silver

 -2.98%

Copper

  -3.06%

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.