Commodities snapshot (precious & industrial)

Metals, especially precious pack heavily down today. Performance this week at a glance in chart & table -

Gold -

• Gold is hovering around $1100 as traders scale next move. Today's range - $1110-$1096
• Gold is currently trading at $1106/troy ounce. Immediate support lies at $1060 and resistance at $1120 area.  

Silver -

• Silver is getting resistance around $15. Today's range $15 -14.65
• Silver is likely to drop as low as $14
• Silver is currently trading at $14.85/troy ounce. Support lies at $14 & resistance at $16

Copper -

• Copper is trading in low volatility but with downside bias. Today's range $2.51-2.47
• Next target is around $2.24.
• Copper is currently trading at $2.48/pound, immediate support lies at, $2.2 & resistance at $2.65.

Gold	-2.47%
Silver	+0.27%
Copper	-0.48%