Commodities snapshot (precious & industrial)
Source: FxWire Pro - Commentary / 02 Jan 2018 09:30:05 Eastern Standard Time
The metal pack is mixed today. Performance this week at a glance in chart & table -
- Gold is hiugher on geopolitical tensions and a weaker dollar. Today’s range $1302-1314
- Gold is currently trading at $1314/troy ounce. Immediate support lies at $1225, and resistance at $1272 area.
- Silver is up in line with the gold. Today’s range $16.91-17.16
- Silver is currently trading at $17.10/troy ounce. Support lies at $15.8, $15.2 & resistance at $16.6
- Copper is the worst performer of the day. Today’s range $3.30-3.27
- Copper is currently trading at $3.29/pound, immediate support lies at, $3.12 & resistance at $3.45
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