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U.S. durable goods orders sustain robust growth

U.S. personal income and spending rose less than expected in August

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

Philippine central bank keeps interest rate unchanged at 2 pct

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

U.S. existing home sales decline in August

U.S. weekly jobless claims unexpectedly decrease

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

U.S. Consumer Confidence falls in September

Australian economic growth recovers strongly in Q3 2020

Swiss franc likely to gradually depreciate against euro in coming months

Canadian inflation continues to ease, moving closer to the Bank of Canada's target

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

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Malaysian headline inflation falls further in October, likely to remain negative in 2020

U.S. vehicle sales fall again in November

Canada's economy shows growth in July, but growth stalled in

Commodities snapshot (precious & industrial)

Friday, November 17, 2017 4:22 PM UTC

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

Gold:

  • Gold remains upbeat on risk aversion. Today’s range $1289-1277
  • Gold is currently trading at $1288/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is the best performer of this week. Today’s range $16.98-17.16
  • Silver is currently trading at $17.12/troy ounce. Support lies at $16.7 & resistance at $18

Copper:

  • Copper is the worst performer of the week. Today’s range $3.03-3.07
  • Copper is currently trading at $3.06/pound, immediate support lies at, $3.01 & resistance at  $3.15

 

Gold

 +1.02%

Silver

 +1.54%

Copper

 +0.52%

 

 

 

 

 

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