• Commodities snapshot (precious & industrial)

    Source: FxWire Pro - Commentary / 03 Jan 2018 09:33:19   America/New_York

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

    Gold:

    • Gold is higher on geopolitical tensions and a weaker dollar. Today’s range $1311-1321
    • Gold is currently trading at $1317/troy ounce. Immediate support lies at $1225, and resistance at $1272 area.

    Silver:

    • Silver is up in line with the gold. Today’s range $17.07-17.24
    • Silver is currently trading at $17.17/troy ounce. Support lies at $15.8, $15.2 & resistance at $16.6

    Copper:

    • Copper is the worst performer of the day. Today’s range $3.24-3.28
    • Copper is currently trading at $3.26/pound, immediate support lies at, $3.12 & resistance at  $3.45

     

    Gold

     +0.84%

    Silver

     +0.94%

    Copper

      -0.91%

     

     

     

     

     

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