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Commodities snapshot (precious & industrial)

Metal pack is trading is mixed today, precious is down, while industrial is up. Performance this week at a glance in chart & table -

Gold -

  • Gold dropped sharply after failing to break $1145. Today's range - $1134-$1121
  • Target to $1157 has soured, only initial $1145 got reached.
  • Gold is currently trading at $1124/troy ounce. Immediate support lies at $1108 and resistance at $1168 area.

Silver -

  • Silver is better performer than gold today, finding support around $14.5 area. Today's range $14.97-14.57
  • Silver is currently trading at $14.64/troy ounce. Support lies at $14 & resistance at $16.

Copper -

  • Copper is best performer today, broken interim resistance around $2.35 area. Today's range $2.32-2.42.
  • Copper is likely to consolidate here as key resistance lies at $2.44 area.
  • Copper is currently trading at $2.38/pound, immediate support lies at, $2.2 & resistance at $2.35.

Gold

-0.88%

Silver

+0.47%

Copper

 +1.80%

  • Market Data
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