Commodities snapshot (precious & industrial)

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

Gold:

• Gold is marginally higher today after big selloffs last week. Likely to slide towards $1090 per troy ounce.  Today’s range $1132-1142
• Gold is currently trading at $1138/troy ounce. Immediate support lies at $1150, and resistance at $1225, $1285 area.

Silver:

• Silver is still testing key support around $16 area. Today’s range $15.98-16.24
• Silver is currently trading at $16.05/troy ounce. Support lies at $16, & resistance at $17.8

Copper:

• Copper is the worst performer of the day. Today’s range $2.56-2.52     
• Copper is currently trading at $2.53/pound, immediate support lies at, $2.4 & resistance at  $2.86