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Commodities snapshot (precious & industrial)

Metal pack is mixed today. Performance this week at a glance in chart & table - Gold - Gold gained sharply as equity selloff continued. Today's range $1195-1242 Gold is currently trading at $1237/troy ounce. Immediate su…

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

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

Gold -

  • Gold gained sharply as equity selloff continued. Today's range $1195-1242
  • Gold is currently trading at $1237/troy ounce. Immediate support lies at $1120, $1142 and resistance at $1195, $1210 area.
  • Active call - targets reached at 1140 and 1230

Silver -

  • Silver is up, in line with gold. Today's range $15.24-15.73
  • Silver is currently trading at $15.24/troy ounce. Support lies at $14.1 & resistance at $16

Copper -

  • Copper is marginally down for the day. Today's range $2-2.03
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.02/pound, immediate support lies at, $1.95 & resistance at $2.15

Gold

+5.46%

Silver

+4.21%

Copper

 -3.35%

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