Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is testing a key resistance line. Looking to break higher on North Korean tensions. Today’s range $1276-1258
  • In the short-term price is likely to decline to $1190 area.
  • Gold is currently trading at $1273/troy ounce. Immediate support lies at $1230, and resistance at $1275 area.

Silver:

  • Silver is the best performer this week. Today’s range $16.42-16.86
  • Silver is currently trading at $16.77/troy ounce. Support lies at $16 & resistance at $17.2

Copper:

  • Copper is looking to break key resistance around $2.92 area. Today’s range $2.92-2.96
  • Copper is currently trading at $2.94/pound, immediate support lies at, $2.7 & resistance at  $2.92

 

Gold

 +1.19%

Silver

 +3.33%

Copper

 +1.83%

 

 

 

 

 

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.