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U.S. Consumer Confidence falls in September

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

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

Philippine central bank keeps interest rate unchanged at 2 pct

Bank Indonesia keeps key interest rate on hold at 3.75 pct

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

Germany's unemployment exceeds expectations in September

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

U.S. durable goods orders sustain robust growth

Reserve Bank of India likely to stand pat in December

U.S. personal income and spending rose less than expected in August

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

U.S. weekly jobless claims unexpectedly decrease

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

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

Australian economic growth recovers strongly in Q3 2020

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Commodities snapshot (precious & industrial)

Wednesday, May 16, 2018 12:29 PM UTC

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

Gold:

Gold declining sharply as risk aversion eased and dollar recovers. Today’s range $1286-1297
Gold is currently trading at $1287/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 $16.17-16.37
Silver is currently trading at $16.20/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 $3.04-3.08
Copper is currently trading at $3.12/pound, immediate support lies at, $2.91 & resistance at $3.21

Gold	-2.35%
Silver	-2.59%
Copper	-1.80%

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