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Commodities snapshot (precious & industrial)

Metal pack is red today. Performance this week at a glance in chart & table - Gold - Gold gave up earlier gains after NFP report as Dollar rose. Today's range $1163-1145 Gold is currently trading at $1148/troy ounce. Imm…

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Commodities snapshot (precious & industrial)
Image from the original EconoTimes article

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

Gold -

  • Gold gave up earlier gains after NFP report as Dollar rose. Today's range $1163-1145
  • Gold is currently trading at $1148/troy ounce. Immediate support lies at $1102, $1120 and resistance at $1165, $1180, $1195 area.
  • Active call - target for gold reached at $1140, next target $1230.

Silver -

  • Silver dropped in line with gold. Today's range $14.68-15
  • Silver is currently trading at $14.72/troy ounce. Support lies at $14.1 & resistance at $16

Copper -

  • Copper is down as Dollar rose. Today's range $2.095-2.125
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.12/pound, immediate support lies at, $2.03 & resistance at $2.15

Gold

+2.69%

Silver

+3.24%

Copper

  +1.51%

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