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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is up today on USD weakens. Today’s range $1220-1227
  • Gold is currently trading at $1226/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. Up today on risk aversion. Today’s range $14.20-14.47
  • Silver is currently trading at $14.29/troy ounce. Support lies at $14 & resistance at $16

Copper:

  • Copper remains volatile over U.S. - China trade negotiations. Likely to decline further to test $2.5 area. Today’s range $2.78-2.74
  • Copper is currently trading at $2.767/pound, immediate support lies at, $2.55 & resistance at  $2.81

 

Gold

 +0.16%

Silver

 +0.49%

Copper

  +0.58%

 

 

 

 

 

 

  • Market Data
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