• Commodities snapshot (precious & industrial)

    Source: FxWire Pro - Commentary / 20 Mar 2018 11:25:25   Eastern Standard Time

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

    Gold:

    • Gold is struggling to gain as it failed to break key resistance around $1350 area and as lack of risk aversion weighs. Today’s range $1318-1307
    • Gold is currently trading at $1311/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

    Silver:

    • Silver is down in line with the gold. Today’s range $16.1-16.4
    • Silver is currently trading at $16.16/troy ounce. Support lies at $16 & resistance at $17.5

    Copper:

    • Copper is the worst performer this week. Today’s range $3.10-3.03
    • Copper is currently trading at $3.05/pound, immediate support lies at, $2.91 & resistance at  $3.21

     

    Gold

     -0.21%

    Silver

     -0.49%

    Copper

      -1.93%

     

     

     

     

     

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