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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is up today but remains downbeat compared to silver and copper. Today’s range $1281-1267
  • Gold is currently trading at $1276/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver recovered sharply. Today’s range $16.65-17.05
  • Silver is currently trading at $16.94/troy ounce. Support lies at $16.7 & resistance at $18

Copper:

  • Copper is the best performer of the week. Today’s range $3.10-3.19
  • Copper is currently trading at $3.15/pound, immediate support lies at, $3.12 & resistance at  $3.27

 

Gold

 +0.24%

Silver

 +0.59%

Copper

 +1.55%

 

 

 

 

 

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