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 - EconoTimes)
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Metals pack is down today as dollar bounced back somewhat. Performance this week at a glance in chart & table -
Gold -
- Gold is treading water around $1170 area. Today's range $1178-1171.
- Gold failed to push on risk aversion, suggesting further drop.
- Gold is currently trading at $1173/troy ounce. Immediate support lies at $1152 and resistance at $1224, $1236-1240 area.
Silver -
- Silvers performance remained lacklustre. Today's range $15.97-$15.78
- Mint ratio is up by 0.14% today, currently at 73.9. Mint ratio and precious metal prices are inversely related more often than not.
- Silver is currently trading at $15.86/troy ounce. Support lies at $15.42 & resistance at $17.5-17.7, 18.4-18.7.
Copper -
- Coppers bounce back failed to gather pace. Today's range $2.63 - 2.59
- Copper is currently trading at $2.62/pound, immediate support lies at $2.5 & resistance at $2.75, $2.84, $2.89, $2.95.
|
Gold |
-2.17% |
|
Silver |
-1.37% |
|
Copper |
+1.95% |
