• Commodities snapshot (precious & industrial)

    Source: FxWire Pro - Commentary / 01 Dec 2017 09:20:54   Eastern Standard Time

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


    • Gold is down this week after it failed to break $1300 area. Today’s range $1278-1272
    • Gold is currently trading at $1273/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.


    • Silver is a much worse performer than the gold this week. Today’s range $16.63-16.35
    • Silver is currently trading at $16.28/troy ounce. Support lies at $15.8 & resistance at $17.2


    • Copper is down this week since Monday after seven days of consecutive rise. Today’s range $3.06-3.09
    • Copper is currently trading at $3.08/pound, immediate support lies at, $3.01 & resistance at  $3.15













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