The metal pack is down today. Performance this week at a glance in chart & table -
Gold:
- Gold has so far failed to form a base around $1270 per troy ounce area, will look for lower base. Today’s range $1271-1263
- Gold might decline towards $1258 per troy ounce
- Gold is currently trading at $1265/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.
Silver:
- Silver is down this week but much better performer than the gold. Today’s range $16.51-16.69
- Silver is currently trading at $16.57/troy ounce. Support lies at $16.1 & resistance at $17.2
Copper:
- Copper is the best performer of the week but down today over profit booking. Today’s range $3.02-3.06
- Copper is currently trading at $3.03/pound, immediate support lies at, $2.89 & resistance at $3.12
|
Gold |
-1.13% |
|
Silver |
-0.30% |
|
Copper |
+2.69% |
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