Commodities snapshot (precious & industrial)

Metal pack is trading in green 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 $1150 area gaining on dovish FOMC minutes. Today's range - $1116-$1130.
• Gold has reached $1150 target area profit booking suggested.
• Gold is currently trading at $1153/troy ounce. Immediate support lies at $1060 and resistance at $1120 area.

Silver -

• Silver is trading above $15.5/troy ounce, suggesting possibility of further rise. Today's range $15.59-15.31
• Silver is currently trading at $15.54/troy ounce. Support lies at $14 & resistance at $16.

Copper -

• Copper is the worst performer this week, however bounced back today as Dollar weakened. Today's range $2.26-2.33.
• Copper is currently trading at $2.32/pound, immediate support lies at, $2.2 & resistance at $2.45.

Gold

+3.50%

Silver

+2.10%

Copper

 -0.90%