• Commodities snapshot (precious & industrial)

    Source: FxWire Pro - Commentary / 04 Dec 2017 08:23:34   Eastern Standard Time

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

    Gold:

    • Gold is head lower amid lack of risk aversion. Today’s range $1270-1282
    • Gold is currently trading at $1275/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

    Silver:

    • Silver is a much worse performer than the gold this week. Today’s range $16.49-16.15
    • Silver is currently trading at $16.38/troy ounce. Support lies at $15.8 & resistance at $17.2

    Copper:

    • Copper is down this week since Monday after seven days of consecutive rise. Today’s range $3.12-3.09
    • Copper is currently trading at $3.102/pound, immediate support lies at, $3.01 & resistance at  $3.15

     

    Gold

     -0.39%

    Silver

     -0.27%

    Copper

     +0.06%

     

     

     

     

     

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