• Commodities snapshot (precious & industrial)

    Source: FxWire Pro - Commentary / 23 Nov 2017 08:48:33   Eastern Standard Time

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

    Gold:

    • Gold recovered from an earlier loss on weaker dollar, but still marginally down. Today’s range $1286-1293
    • Gold is currently trading at $1292/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

    Silver:

    • Silver is the worst performer of this week. Today’s range $17.04-17.19
    • Silver is currently trading at $17.13/troy ounce. Support lies at $16.7 & resistance at $18

    Copper:

    • Copper is struggling in a range. Today’s range $3.12-3.15
    • Copper is currently trading at $3.14/pound, immediate support lies at, $3.01 & resistance at  $3.15

     

    Gold

     -0.15%

    Silver

     -0.87%

    Copper

     +2.15%

     

     

     

     

     

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