Morgan Stanley Upgrades Winbond and Nanya to Overweight on Strong Memory Chip Market Outlook 
Goldman Sachs Sees U.S. Dollar Holding Firm as Strong Economic Data Supports Outlook 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
Gold Tumbles Below $4,400 on NFP Shock: Fed Easing Bets Crater, Sell on Rallies to $4,300 
 - EconoTimes)
Metal pack is mixed, while precious is up, industrial is down. Performance this week at a glance in chart & table -
Gold -
- Gold is up over escalation of fighting in Middle East after militants attacked Paris, Friday night. Today's range $1083-1098
- Gold is currently trading at $1092/troy ounce. Immediate support lies at $1050 and resistance at $1108 area.
Silver -
- Silver is up in line with gold, however upside may remain limited, without additional risk aversion. Today's range $14.23-14.48
- Silver is currently trading at $14.4/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.
Copper -
- Copper is down for ninth consecutive days, its longest losing stretch since early 2014. Today's range $2.13-2.17
- Longer term Call - Sell Copper targeting $1.85/pound.
- Copper is currently trading at $2.15/pound, immediate support lies at, $2 & resistance at $2.35.
|
Gold |
+0.78% |
|
Silver |
+1.19% |
|
Copper |
-0.56% |
