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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is consolidating above $1270 support area. Today’s range $1282-1273
  • Gold is currently trading at $1276/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is a much better performer than the gold this week. Today’s range $17.04-17.23
  • Silver is currently trading at $17.16/troy ounce. Support lies at $16.7 & resistance at $18

Copper:

  • Copper is trading within a small range. Today’s range $3.12-3.16
  • Copper is currently trading at $3.12/pound, immediate support lies at, $3.12 & resistance at  $3.27

 

Gold

 +0.31%

Silver

 +1.84%

Copper

 +1.47%

 

 

 

 

 

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