The metal pack is mixed today. Performance this week at a glance in chart & table -
Gold:
- Gold is marginally higher today after a big selloff yesterday. Today’s range $1226-1220
- 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 $1224/troy ounce. Immediate support lies at $1210, and resistance at $1255 area.
Silver:
- Silver is the worst performer of the week. Today’s range $16.03-16.23
- Silver is currently trading at $16.08/troy ounce. Support lies at $15.6 & resistance at $16.5
Copper:
- Copper is the worst performer of the day. Today’s range $2.66-2.69
- Copper is currently trading at $2.68/pound, immediate support lies at, $2.4 & resistance at $2.7
|
Gold |
-1.37% |
|
Silver |
-3.13% |
|
Copper |
-1.22% |
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Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



