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Swiss franc likely to gradually depreciate against euro in coming months

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

Germany's unemployment exceeds expectations in September

Swedish economic sentiment indicator rises in November

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

U.S. weekly jobless claims unexpectedly decrease

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

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

Australian economic growth recovers strongly in Q3 2020

Bank Indonesia keeps key interest rate on hold at 3.75 pct

U.S. Consumer Confidence falls in September

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

United States building permits

Reserve Bank of India likely to stand pat in December

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

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

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

Commodities snapshot (precious & industrial)

Monday, February 12, 2018 12:56 PM UTC

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

Gold:

  • Gold is down after a spike as equities recover. Today’s range $1314-1327
  • Gold is currently trading at $1319/troy ounce. Immediate support lies at $1290, and resistance at $1335 area.

Silver:

  • Silver is up in line with the gold today. Today’s range $16.29-16.48
  • Silver is currently trading at $16.42/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is sharply higher today after last week’s battering. Today’s range $3.10-3.04
  • Copper is currently trading at $3.07/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 +0.23%

Silver

 +0.49%

Copper

  +1.32%

 

 

 

 

 

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