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Commodities snapshot (precious & industrial)

Lacklustre performance from metals continued. Performance this week at a glance in chart & table - Gold - Gold's is struggling around $1120 area. Today's range - $1111-$1121. Gold is likely to reach as high as $1150 area…

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Commodities snapshot (precious & industrial)
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Lacklustre performance from metals continued. Performance this week at a glance in chart & table -

Gold -

  • Gold's is struggling around $1120 area. Today's range - $1111-$1121.
  • Gold is likely to reach as high as $1150 area if support around $1080 holds.
  • Gold is currently trading at $1113/troy ounce. Immediate support lies at $1060 and resistance at $1120 area.

Silver -

  • Silver dropped sharply today, as Dollar gained back footing, and remains worse performer than Gold. Today's range $15.6-15.2
  • Silver is currently trading at $15.23/troy ounce. Support lies at $14 & resistance at $16.

Copper -

  • Copper is range trading today, hovering around $2.35. Today's range $2.36-2.33.
  • Copper is currently trading at $2.35/pound, immediate support lies at, $2.2 & resistance at $2.45.

Gold

+1.76%

Silver

+3.11%

Copper

 +0.73%

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