Commodities snapshot (precious & industrial)

Metal pack is trading in red today. Performance this week at a glance in chart & table -

Gold -

• Gold dropped sharply breaking interim support at $1125. Today's range - $1146-$1117
• Next target is at $1108. .
• Gold is currently trading at $1123/troy ounce. Immediate support lies at $1060 and resistance at $1120 area.

Silver -

• Silver is worst performer today, down over demand concern. Today's range $14.75-14
• Silver is currently trading at $14.1/troy ounce. Support lies at $14 & resistance at $16.

Copper -

• Copper continued its bear run as optimism faded and China rate cut lost its charm. Today's range $2.31-2.23.
• Copper is currently trading at $2.30/pound, immediate support lies at, $2.2 & resistance at $2.35.