Commodities snapshot (precious & industrial)

Lacklustre performance from metals continued. Performance this week at a glance in chart & table -

Gold -

• Gold's is hovering around $1120 area. Today's range - $1113-$1127.
• Gold is likely to reach as high as $1150 area if support around $1080 holds.
• Gold is currently trading at $1116/troy ounce. Immediate support lies at $1060 and resistance at $1120 area.

Silver -

• Silver dropped today, as Dollar gained back footing, however bulls are likely to test around $16 area. Today's range $15.58-15.3
• Silver is currently trading at $15.45/troy ounce. Support lies at $14 & resistance at $16.

Copper -

• Copper is trying to regain footing, hovering around $2.35. Today's range $2.38-2.32.
• Copper is currently trading at $2.35/pound, immediate support lies at, $2.2 & resistance at $2.45.