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Commodities snapshot (precious & industrial)

Metal pack is green in today's trading. Performance this week at a glance in chart & table - Gold - Gold is in marginal correction today, might move higher in tomorrow's trading. Today's range - $134.6-$1135.6. Gold is c…

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Commodities snapshot (precious & industrial)
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Metal pack is green in today's trading. Performance this week at a glance in chart & table -

Gold -

  • Gold is in marginal correction today, might move higher in tomorrow's trading. Today's range - $134.6-$1135.6.
  • Gold is currently trading at $1146/troy ounce. Immediate support lies at $1090 and resistance at $1150 area.

Silver -

  • Silver is treading water around $16/troy ounce. Silver might move higher first around $16.4 and later $17.7 area. Today's range $16.05-15.8
  • Silver is currently trading at $16/troy ounce. Support lies at $14.4 & resistance at $16.5.

Copper -

  • Copper is slowly grinding higher. Today's range $2.35-2.39.
  • In short term Copper might target $2.69/pound.
  • Longer term Call - Sell Copper targeting $1.85/pound, though it might gain in the short term.
  • Copper is currently trading at $2.36/pound, immediate support lies at, $2.2 & resistance at $2.5.

Gold

+0.70%

Silver

+5.12%

Copper

  +0.73%

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