Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Commodities snapshot (precious & industrial)

The metal pack is down today. Performance this week at a glance in chart & table -

Gold:

  • Gold is testing key resistance line. Today’s range $1256-1269
  • In the short-term price is likely to decline to $1190 area.
  • Gold is currently trading at $1268/troy ounce. Immediate support lies at $1230, and resistance at $1275 area.

Silver:

  • Silver is down in line with gold this week. Today’s range $16.42-16.70
  • Silver is currently trading at $16.66/troy ounce. Support lies at $16 & resistance at $17.2

Copper:

  • Copper testing key resistance around $2.92 area. Today’s range $2.89-2.85
  • Copper is currently trading at $2.88/pound, immediate support lies at, $2.7 & resistance at  $2.92

 

Gold

 -0.24%

Silver

 -0.36%

Copper

 -0.14%

 

 

 

 

 

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.