Commodities snapshot (precious & industrial)

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

Gold:

• Gold remains under pressure amid a stronger dollar and higher rates. Today’s range $1221-1213
• Gold is currently trading at $1214/troy ounce. Immediate support lies at $1190, and resistance at $1245 area.

Silver:

• Silver is a slightly better performer than the gold. Today’s range $15.34 -15.5
• Silver is currently trading at $15.4/troy ounce. Support lies at $14.8 & resistance at $16

Copper:

• Copper selloff continues amid trade war fear. The U.S. is expected to impose 25 percent tariffs on $200 billion Chinese goods. Today’s range $2.76-2.7
• Copper is currently trading at $2.73/pound, immediate support lies at, $2.72 & resistance at  $2.95