 - EconoTimes)
The metal pack is up today. Performance this week at a glance in chart & table -
Gold:
- Gold is up today, as the dollar weakened across the board on risk aversion arising from Trump’s firing of FBI chief. Today’s range $1223-1232
- We expect the gold price to reach $1390 per troy ounce.
- Gold is currently trading at $1230/troy ounce. Immediate support lies at $1230, and resistance at $1290 area.
Silver:
- Silver is down in line with the gold this week. Today’s range $16.28-16.50
- Silver is currently trading at $16.44/troy ounce. Support lies at $16 & resistance at $17
Copper:
- Active call - Copper is likely to rise towards $3.2 per pound. Copper is flat for the day. Today’s range $2.53-2.50
- Copper is currently trading at $2.51/pound, immediate support lies at, $2.4 & resistance at $2.7
|
Gold |
+0.13% |
|
Silver |
+0.58% |
|
Copper |
-0.79% |
