Commodities snapshot (precious & industrial)

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

Gold –

• Gold is weaker on rising equities and stronger Dollar today.  Today’s range $1257-1239
• Gold is currently trading at $1247/troy ounce. Immediate support lies at $1180 and resistance at $1280 area.

Silver –

• Silver is best performer this week, broken into new 3 month high. Today’s range $15.3 -15.8
• Silver is currently trading at $15.73/troy ounce. Support lies at $14.1 & resistance at $16

Copper –

• Copper is flat today after last week’s big selloffs. Today’s range $2.14-2.18
• Copper is currently trading at $2.16/pound, immediate support lies at, $2 & resistance at  $2.19