FxWirePro: Daily Commodity Tracker - 21st March, 2022 
 - EconoTimes)
The metal pack is up today. Performance this week at a glance in chart & table -
Gold:
- Gold price is under pressure and down for the week, despite a weaker dollar. Today’s range $1245-1253
- 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 $1244/troy ounce. Immediate support lies at $1230, and resistance at $1275 area.
Silver:
- Silver is up this week, contrasting with gold. Today’s range $16.99-16.59
- Silver is currently trading at $16.72/troy ounce. Support lies at $16.2 & resistance at $17.1
Copper:
- Copper is the best performer of the week. Today’s range $2.65-2.70
- Copper is currently trading at $2.7/pound, immediate support lies at, $2.4 & resistance at $2.7
|
Gold |
-0.96% |
|
Silver |
+0.48% |
|
Copper |
+2.90% |
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