Commodities snapshot (precious & industrial)

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

Gold:

• As the dollar strengthens, gold is struggling at the key resistance around $1220. Today’s range $1206-1219
• Gold is currently trading at $1216/troy ounce. Immediate support lies at $1150, and resistance at $1225, $1285 area.

Silver:

• Silver is the weaker performer than gold this week, despite a cutback in gains as the dollar rises. Today’s range $17.54-17.22
• Silver is currently trading at $17.41/troy ounce. Support lies at $16.4, & resistance at $17.2, $18

Copper:

• Copper is faced with sharp selloffs, despite a weakness in the dollar. Today’s range $2.63-2.69
• Copper is currently trading at $2.64/pound, immediate support lies at, $2.4 & resistance at  $2.86