The metal pack is mixed today. The performance this week at a glance in the chart & table -
Gold:
- Gold is struggling along with the USD. Today’s range $1237-1229
- Gold is currently trading at $1232/troy ounce. Immediate support lies at $1195, and resistance at $1250 area.
Silver:
- Further decline likely as the silver breaks key support around $14.2 area. However, a temporary correction on a weaker USD is currently taking place. The correction might increase to $15.5 per troy ounce. Today’s range $14.62-14.86
- Silver is currently trading at $14.73/troy ounce. Support lies at $14.4 & resistance at $16
Copper:
- Copper up sharply on the breakthrough news on U.S. - China trade negotiations. Today’s range $2.70-2.81
- Copper is currently trading at $2.78/pound, immediate support lies at, $2.55 & resistance at $2.75
|
Gold |
-0.00% |
|
Silver |
+0.14% |
|
Copper |
-1.45% |


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
FxWirePro: Daily Commodity Tracker - 21st March, 2022 



