Metals failed to gain amid weaker dollar, fell today. Focus is on this tomorrow's NFP report. Performance this week at a glance in chart & table -
Gold -
- Gold fell sharply towards $1195 area after it struggled to gain grounds above $1207 today.
- Gold is currently trading at $1199, down -0.40% today. Immediate support lies at 1178, 1160 and resistance at 1224.
Silver -
- Silver worst performer today. Silver price kept creeping downwards steadily throughout the day after it failed to break above $17.
- Mint ratio jumped to 72, up 1.45% today.
- Silver is currently trading at $16.66/troy ounce, down -1.70% today. Price still might weaken further. Support lies at 15.42,14 & resistance at 17.5-17.7.
Copper -
- Copper broke key support at $2.74/pound yesterday, now struggling to gain grounds above the level.
- Current move suggest bulls and bears remain at balance. Downside target is coming around $2.52, with a stop of $2.86, upside target is around $3.1 with stop of $ 2.46.
- Copper is currently trading at $2.72/pound. Immediate support lies at 2.59 & resistance at 2.87, 2.93, and 3.07.
|
Gold |
-0.04% |
|
Silver |
-1.42% |
|
Copper |
-1.56% |


Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat?
AI is supercharging money scams – here’s what you can do to protect yourself
Physicists zoom into the birth of cosmic rainstorms with new CERN study
Banking scandal rocks Brazil’s politics and the country’s presidential election in October
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown
‘Buy now, pay later’ doesn’t feel like debt. For young people, that can be a big problem
1 in 3 uni students experience serious financial hardship. Could concession cards for all help?
Who should own the knowledge that underpins AI technology? 



