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 - EconoTimes)
Metal pack is mixed today, while precious trading in green, industrial is in red. Performance this week at a glance in chart & table -
Gold -
- Gold's is trading above $1120 area. Focus is on FOMC minutes. Today's range - $1116-$1130.
- Gold is likely to reach as high as $1150 area if support around $1080 holds.
- Gold is currently trading at $1129/troy ounce. Immediate support lies at $1060 and resistance at $1120 area.
Silver -
- Silver found support around $14.7 area and trading above $15/troy ounce, suggesting possibility of further rise. Today's range $15.3-14.8
- Silver is currently trading at $15.25/troy ounce. Support lies at $14 & resistance at $16.
Copper -
- Copper is the worst performer this week, as concern over China pushing the price down. Today's range $2.26-2.3.
- Copper is close to its next target around $2.24 area.
- Copper is currently trading at $2.26/pound, immediate support lies at, $2.2 & resistance at $2.45.
|
Gold |
+1.35% |
|
Silver |
+0.20% |
|
Copper |
-3.46% |
