Metal pack are mostly flat today, after yesterday's massive sell off. Performance this week at a glance in chart & table - Gold - Bulls are struggling to pose a comeback. Upside still remains open, larger correction migh…
Metal pack are mostly flat today, after yesterday's massive sell off. Performance this week at a glance in chart & table -
Gold -
Bulls are struggling to pose a comeback. Upside still remains open, larger correction might occur in immediate term. FOMC minutes is in focus. Upside target is $1252.
Gold is currently trading at $1212/troy ounce. Immediate support lies at $1208, $1178 and resistance at $1236-1240 area.
Silver -
Silver is better performer today. Price likely to pose another challenge to $17.5-17.7 resistance area
Mint ratio is down -0.55% today, currently at 70.2. Mint ratio and precious metal prices are inversely related more often than not.
Silver is currently trading at $17.25/troy ounce. Support lies at $16, $15.42 & resistance at $17.5-17.7, 18.4-18.7.
Copper -
Strong dollar made bears active in dollar.
Short term sell is recommended since $2.95 held strong.
Copper is currently trading at $2.83/pound, immediate support lies at $2.76 & resistance at $2.95, $3.07. $2.89 would provide interim resistance.
Australia's September 2026 labour report shocked to the negative: unemployment climbed to 4.7% from 4.6% and employment dropped by 39,300 against expectations for a 20,000 increase. Part-time work dropped by 73,700, whic…
UNCX Network, a cryptocurrency token vesting platform formerly known as UniCrypt, suffered a security exploit on Wednesday that drained approximately $86,000 from its shared Ethereum token pool. Blockchain security firm …
Solana is preparing to introduce its highly anticipated Alpenglow consensus upgrade on October 21, 2026, marking one of the blockchain's biggest technological changes since its launch in 2020. The upgrade aims to signifi…
