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

Malaysian headline inflation falls further in October, likely to remain negative in 2020

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

Swedish economic sentiment indicator rises in November

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

U.S. vehicle sales fall again in November

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

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

Reserve Bank of India likely to stand pat in December

Philippine central bank keeps interest rate unchanged at 2 pct

Bank Indonesia keeps key interest rate on hold at 3.75 pct

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

U.S. durable goods orders sustain robust growth

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

Swiss franc likely to gradually depreciate against euro in coming months

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

Commodities snapshot (precious & industrial)

Thursday, June 7, 2018 2:19 PM UTC

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

Gold:

  • Gold is struggling despite weak dollar as risk aversion subsides. Today’s range $1303-1294
  • Gold is currently trading at $1297/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is up in line with the gold this week. Today’s range $16.62-16.92
  • Silver is currently trading at $16.82/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper has broken above its range. The best performer of the day. Today’s range $3.31-3.26
  • Copper is currently trading at $3.30/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 +0.54%

Silver

 +2.81%

Copper

  +6.96%

 

 

 

 

 

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