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

Swedish economic sentiment indicator rises in November

United States building permits

Philippine central bank keeps interest rate unchanged at 2 pct

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

U.S. Consumer Confidence falls in September

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

U.S. Q3 economic growth unrevised in second estimate

Germany's unemployment exceeds expectations in September

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Reserve Bank of India likely to stand pat in December

U.S. existing home sales decline in August

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

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

U.S. House prices increase slightly in July

U.S. durable goods orders sustain robust growth

U.S. weekly jobless claims unexpectedly decrease

Commodities snapshot (precious & industrial)

Thursday, March 1, 2018 2:52 PM UTC

The metal pack is down 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 $1304-1320
  • Gold is currently trading at $1320/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is the best performer this week. Today’s range $16.48-16.16
  • Silver is currently trading at $16.22/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 $3.15-3.09
  • Copper is currently trading at $3.11/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 -1.58%

Silver

 -1.76%

Copper

  -3.21%

 

 

 

 

 

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