Commodities snapshot (precious & industrial)

Metals are trading in red today. Performance this week at a glance in chart & table -

Gold -

• Gold has lost its safe haven touch dropped sharply today. Today's range $1180-1166.
• Gold is currently trading at $1169/troy ounce. Immediate support lies at $1152 and resistance at $1224, $1236-1240 area.

Silver -

• Silver dropped sharply and tested the support area today, tested $15.48 support area intraday. Up sharply from there. Today's range $15.8-$15.48
• Despite drop, sharp rise in price might be on its way ahead.
• Silver is currently trading at $15.57/troy ounce. Support lies at $15.42 & resistance at $17.5-17.7, 18.4-18.7.

Copper -

• Copper treads water around 2.62 area. Today's range $2.64 - 2.58
• 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	-0.51%
Silver	-1.46%
Copper	-0.64%