The metal pack is mixed today. Performance this week at a glance in chart & table -
Gold:
- Gold is sharply higher after NFP report shows lesser numbers of people added in payroll around 138,000. Today’s range $1258-1276
- We expect the gold price to reach $1390 per troy ounce.
- Gold is currently trading at $1274/troy ounce. Immediate support lies at $1230, and resistance at $1290 area.
Silver:
- Silver is up in line with the gold today. Today’s range $17.11-17.46
- Silver is currently trading at $17.38/troy ounce. Support lies at $16 & resistance at $17
Copper:
- Scrapped call - Copper is likely to rise towards $3.2 per pound. While the precious pack is up on weaker jobs report, copper is down on growth concern. Today’s range $2.52-2.58
- Copper is currently trading at $2.55/pound, immediate support lies at, $2.4 & resistance at $2.7
|
Gold |
+0.55% |
|
Silver |
+0.40% |
|
Copper |
-0.66% |


Best Gold Stocks to Buy Now: AABB, GOLD, GDX 



