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

Philippine central bank keeps interest rate unchanged at 2 pct

U.S. existing home sales decline in August

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

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

Reserve Bank of India likely to stand pat in December

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

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

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

Germany's unemployment exceeds expectations in September

U.S. Q3 economic growth unrevised in second estimate

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

U.S. vehicle sales fall again in November

U.S. House prices increase slightly in July

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

Commodities snapshot (precious & industrial)

Friday, August 3, 2018 1:48 PM UTC

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

Gold:

  • Gold remains under pressure amid a stronger dollar and higher rates. Today’s range $1217-1204
  • Gold is currently trading at $1216/troy ounce. Immediate support lies at $1190, and resistance at $1245 area.

Silver:

  • Silver is a slightly better performer than the gold. Today’s range $15.22 -15.55
  • Silver is currently trading at $15.43/troy ounce. Support lies at $14.8 & resistance at $16

Copper:

  • Copper selloff continues amid trade war fear. The U.S. is expected to impose 25 percent tariffs on $200 billion Chinese goods. Today’s range $2.79-2.7
  • Copper is currently trading at $2.74/pound, immediate support lies at, $2.72 & resistance at  $2.95

 

Gold

 -0.49%

Silver

 -0.06%

Copper

  -1.79%

 

 

 

 

 

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