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

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

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

Swedish economic sentiment indicator rises in November

U.S. durable goods orders sustain robust growth

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

U.S. House prices increase slightly in July

U.S. Q3 economic growth unrevised in second estimate

U.S. Consumer Confidence falls in September

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

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

U.S. existing home sales decline in August

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

U.S. weekly jobless claims unexpectedly decrease

U.S. vehicle sales fall again in November

Reserve Bank of India likely to stand pat in December

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

Commodities snapshot (precious & industrial)

Monday, May 14, 2018 12:18 PM UTC

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

Gold:

  • Gold declining as risk aversion eased and dollar recovers. Today’s range $1318-1323
  • Gold is currently trading at $1319/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is a much better performer than the gold this week. Today’s range $16.56-16.8
  • Silver is currently trading at $16.65/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is continuing its range trade. The best performer for the week so far. Today’s range $3.07-3.13
  • Copper is currently trading at $3.09/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 +0.08%

Silver

 +0.06%

Copper

  -0.71%

 

 

 

 

 

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