The metal pack is down today. Performance this week at a glance in chart & table -
Gold:
- Gold is declining sharply after a failure to break key resistance line. Today’s range $1270-1254
- In the short-term price is likely to decline to $1190 area.
- Gold is currently trading at $1256/troy ounce. Immediate support lies at $1230, and resistance at $1275 area.
Silver:
- Silver is the worst performer this week. Today’s range $16.18-16.80
- Silver is currently trading at $16.25/troy ounce. Support lies at $16 & resistance at $17.2
Copper:
- Copper testing key resistance around $2.92 area. Today’s range $2.9-2.86
- Copper is currently trading at $2.87/pound, immediate support lies at, $2.7 & resistance at $2.92
|
Gold |
-1.02% |
|
Silver |
-2.81% |
|
Copper |
-0.35% |
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Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
FxWirePro: Daily Commodity Tracker - 21st March, 2022 



