Metals are trading marginally down today. Performance this week at a glance in chart & table - Gold - Gold was resisted around $1100 once again today. Today's range - $1098-$1091. Gold is likely to range trade with downs…
Metals are trading marginally down today. Performance this week at a glance in chart & table -
Gold -
Gold was resisted around $1100 once again today. Today's range - $1098-$1091.
Gold is likely to range trade with downside bias, however a sustained push below $1050 seems unlikely.
Gold is currently trading at $1091/troy ounce. Immediate support lies at $1060 and resistance at $1120 area.
Silver -
Silver is much worse performer than gold today, Today's range $14.78-14.60
Silver is currently trading at $14.60/troy ounce. Support lies at $14 & resistance at $16. $15 is likely to pose interim resistance, whereas $14.5 remains interim support.
Copper -
Copper dropped in early Asian trade as Chinese PMI dropped further to downside. Today's range $2.36-2.32.
Next target is around $2.24.
Copper is currently trading at $2.35/pound, immediate support lies at, $2.2 & resistance at $2.65.
Australia's September 2026 labour report shocked to the negative: unemployment climbed to 4.7% from 4.6% and employment dropped by 39,300 against expectations for a 20,000 increase. Part-time work dropped by 73,700, whic…
UNCX Network, a cryptocurrency token vesting platform formerly known as UniCrypt, suffered a security exploit on Wednesday that drained approximately $86,000 from its shared Ethereum token pool. Blockchain security firm …
Solana is preparing to introduce its highly anticipated Alpenglow consensus upgrade on October 21, 2026, marking one of the blockchain's biggest technological changes since its launch in 2020. The upgrade aims to signifi…
