 - EconoTimes)
The metal pack is up today. Performance this week at a glance in chart & table -
Gold:
- Gold continues to tumble, heading for its third weekly decline. Today’s range $1248-1242
- We expect the gold price to reach $1390 per troy ounce. In the short-term price is likely to decline to $1225 area.
- Gold is currently trading at $1247/troy ounce. Immediate support lies at $1230, and resistance at $1275 area.
Silver:
- Silver is down in line with the gold this week. Today’s range $16.42-16.66
- Silver is currently trading at $16.53/troy ounce. Support lies at $16.2 & resistance at $17.1
Copper:
- Copper is the worst performer of the week. Today’s range $2.55-2.59
- Copper is currently trading at $2.55/pound, immediate support lies at, $2.4 & resistance at $2.7
|
Gold |
-0.53% |
|
Silver |
-0.60% |
|
Copper |
-0.66% |
