Commodities snapshot (precious & industrial)

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

Gold:

• Gold is pushed down further to test support around $1190 area. Today’s range $1203-1209
• Gold is currently trading at $1213/troy ounce. Immediate support lies at $1190, and resistance at $1230 area.

Silver:

• Silver is down in line with gold. Today’s range $17.11-17.31
• Silver is currently trading at $17.18/troy ounce. Support lies at $17.3, & resistance at $18.9

Copper:

• Copper is likely to rise towards $3.2 per pound. Copper suffered major blow. The worst performer of the week. Today’s range $2.6-2.56
• Copper is currently trading at $2.57/pound, immediate support lies at, $2.4 & resistance at  $2.7