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Commodities snapshot (precious & industrial)

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

Gold -

  • Gold is down in the face of stronger Dollar. Today's range $1095-1084
  • Gold is currently trading at $1086/troy ounce. Immediate support lies at $1050, $1030 and resistance at $1108 area.
  • Active call - Buy gold @1090 and at dips of every $10, with initial target of $1140.

Silver -

  • Silver is down in line with gold. Today's range $13.89-14.20
  • Silver is currently trading at $13.92/troy ounce. Support lies at $13.6 & resistance at $14.4, $15.5.

Copper -

  • Copper is up today as selloff over China abated. Today's range $1.94-1.97
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $1.97/pound, immediate support lies at, $1.85 & resistance at $2.1.

Gold

-1.63%

Silver

-0.14%

Copper

  -2.48%

  • Market Data
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