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

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

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

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

Reserve Bank of India likely to stand pat in December

U.S. Consumer Confidence falls in September

U.S. weekly jobless claims unexpectedly decrease

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

United States building permits

Australian economic growth recovers strongly in Q3 2020

Swiss franc likely to gradually depreciate against euro in coming months

Best Gold Stocks to Buy Now: AABB, GOLD, GDX

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

U.S. vehicle sales fall again in November

U.S. Q3 economic growth unrevised in second estimate

Swedish economic sentiment indicator rises in November

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

Commodities snapshot (precious & industrial)

Tuesday, February 27, 2018 2:23 PM UTC

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

Gold:

  • Gold is struggling to gain as it failed to break key resistance around $1350 area. Today’s range $1326-1341
  • Gold is currently trading at $1328/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is the best performer this week. Today’s range $16.46-16.72
  • Silver is currently trading at $16.57/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is the worst performer of the week so far. Decline likely Today’s range $3.24-3.17
  • Copper is currently trading at $3.19/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 +0.00%

Silver

 +0.36%

Copper

  -0.59%

 

 

 

 

 

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