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Gold steadies amid concerns over rising virus cases

Philippine central bank keeps interest rate unchanged at 2 pct

FxWirePro: Daily Commodity Tracker - 21st March, 2022

Swiss franc likely to gradually depreciate against euro in coming months

Malaysian economic growth rebounds in Q3 2020 on household consumption, exports

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Bank of Thailand keeps key policy rate on hold at 0.50 pct

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Australian economic growth recovers strongly in Q3 2020

U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

Danish headline inflation eases in October, likely to reach 0.8 pct in 2021

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

U.S. existing home sales rise above expectations in October

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

U.S. vehicle sales fall again in November

Swedish economic sentiment indicator rises in November

Commodities snapshot (precious & industrial)

Monday, January 11, 2016 2:20 PM UTC

Metal pack is mixed today. Performance this week at a glance in chart & table 

Gold 

  • Gold is marginally down as risk aversion faded. Today's range $1100-1108
  • Gold is currently trading at $1103/troy ounce. Immediate support lies at $1050, $1030 and resistance at $1108 area.
  • Active call - Buy gold @1090 and at dips of every $10, with initial target of $1140.

Silver 

  • Silver is up in contrast to gold. Today's range $13.93-14.08
  • Silver is currently trading at $14.05/troy ounce. Support lies at $13.6 & resistance at $14.4, $15.5.

Copper 

  • Copper is almost flat today as selloff over China abated. Today's range $2.02-1.96
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $1.98/pound, immediate support lies at, $1.85 & resistance at $2.1.

Gold

-0.09%

Silver

+0.86%

Copper

  -1.98%

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