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Commodities snapshot (precious & industrial)

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

Gold:

  • Gold is consolidating above $1270 support area. Today’s range $1275-1282
  • Gold is currently trading at $1278/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 $16.97-17.27
  • Silver is currently trading at $17.06/troy ounce. Support lies at $16.7 & resistance at $18

Copper:

  • Copper gave up most of the gains for the week. Today’s range $3.11-3.17
  • Copper is currently trading at $3.11/pound, immediate support lies at, $3.12 & resistance at  $3.27

 

Gold

 +0.71%

Silver

 +1.55%

Copper

 +0.06%

 

 

 

 

 

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