Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
 - EconoTimes)
The metal pack is up today. Performance this week at a glance in chart & table -
Gold:
- Gold is testing key resistance line. Today’s range $1267-1257
- In the short-term price is likely to decline to $1190 area.
- Gold is currently trading at $1264/troy ounce. Immediate support lies at $1190, and resistance at $1255 area.
Silver:
- Silver is up in line with gold this week. Today’s range $16.79-16.5
- Silver is currently trading at $16.65/troy ounce. Support lies at $14.8 & resistance at $16
Copper:
- Copper skyrocketed after clearing key resistance around $2.7 area and as China set to ban scrap imports. Today’s range $2.88-2.83
- Copper is currently trading at $2.88/pound, immediate support lies at, $2.7 & resistance at $2.92
|
Gold |
+0.80% |
|
Silver |
+0.97% |
|
Copper |
+5.74% |
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