The metal pack is down today. The performance this week at a glance in the chart & table -
Gold:
- Gold is up sharply this week over weaker USD. In addition to that, remains upbeat on risk aversion. But down today, as the dollar recovered grounds. Today’s range $1262-1256
- Gold is currently trading at $1257/troy ounce. Immediate support lies at $1220, and resistance at $1275 area.
Silver:
- Silver is moving higher along with gold as USD weakens. Up today on weaker USD. Today’s range $14.59-14.83
- Silver is currently trading at $14.65/troy ounce. Support lies at $14 & resistance at $16
Copper:
- Copper is the worst performer of the week as trade tensions remain amid global growth concerns. Today’s range $2.71-2.66
- Copper is currently trading at $2.68/pound, immediate support lies at, $2.55 & resistance at $2.81
|
Gold |
+1.44% |
|
Silver |
+0.79% |
|
Copper |
-2.58% |


FxWirePro: Daily Commodity Tracker - 21st March, 2022
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