Commodities snapshot (precious & industrial)

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

Gold:

• The gold price gained on weaker dollar and heading for another test of key resistance around $1220. Today’s range $1206-1213
• Gold is currently trading at $1211/troy ounce. Immediate support lies at $1150, and resistance at $1225, $1285 area.

Silver:

• Silver is the best performer of the day and week, gaining on the weaker dollar. Today’s range $17.41-17.64
• Silver is currently trading at $17.61/troy ounce. Support lies at $16.4, & resistance at $17.2, $18

Copper:

• Copper is down today after a big jump yesterday on the strike announcement in the Escondida mine in Chile. Today’s range $2.74-2.7
• Copper is currently trading at $2.71/pound, immediate support lies at, $2.4 & resistance at  $2.86