Insights & Views

Add as a preferred source on Google

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 is continuing its drop. Today's range - $1134-$1121 Target to $1157 has sou…

1 min read
Commodities snapshot (precious & industrial)
Image from the original EconoTimes article

Read the original article

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 is continuing its drop. Today's range - $1134-$1121
  • Target to $1157 has soured, only initial $1145 got reached.
  • Gold is currently trading at $1120/troy ounce. Immediate support lies at $1108 and resistance at $1168 area.

Silver -

  • Silver is finding support around $14.5 area. Today's range $14.81-14.5
  • Silver is currently trading at $14.57/troy ounce. Support lies at $14 & resistance at $16.

Copper -

  • Copper dropped sharply today, after finding resistance around $2.43 area. Today's range $2.3-2.38.
  • Copper is currently trading at $2.31/pound, immediate support lies at, $2.2, 2.29 & resistance at $2.43.

Gold

-1.15%

Silver

+0.01%

Copper

 -1.20%

Related articles

View all