Commodities snapshot (precious & industrial)

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

Gold:

• Gold is down further over stronger dollar. Today’s range $1250-1239
• Gold is currently trading at $1239/troy ounce. Immediate support lies at $1220, and resistance at $1280, $1300 area.

Silver:

• Silver is up in line with gold. Today’s range $18.27-18.47
• Silver is currently trading at $18.30/troy ounce. Support lies at $18, & resistance at $18.7

Copper:

• Copper is likely to rise towards $3.2 per pound. Copper is the best performer of the week so far. Today’s range $2.72-2.75
• Copper is currently trading at $2.73/pound, immediate support lies at, $2.6 & resistance at  $2.86