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Metal pack is green in today's trading. Performance this week at a glance in chart & table -
Gold -
- Gold after marginal correction yesterday, moved higher in today's trading. Today's range - $1151-$1134.
- Gold is currently trading at $1148/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.
Silver -
- Silver is the best performer today, gaining follow through after yesterday's rise. Silver is on the verge of breaking key resistance at $16 area. Today's range $16.10-15.56
- Silver is currently trading at $16/troy ounce. Support lies at $14.4 & resistance at $16.5.
Copper -
- Copper hasn't moved much over weaker payroll as growth concern persists. Today's range $2.32-2.37.
- Longer term Call - Sell Copper targeting $1.85/pound, though it might gain in the short term.
- Copper is currently trading at $2.35/pound, immediate support lies at, $2.2 & resistance at $2.5.
|
Gold |
+0.88% |
|
Silver |
+5.12% |
|
Copper |
+0.30% |
