Menu

Search

  |   Commentary
Become a contributor

Menu

  |   Commentary

Search

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

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

United States building permits

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

U.S. durable goods orders sustain robust growth

U.S. Q3 economic growth unrevised in second estimate

U.S. vehicle sales fall again in November

U.S. Consumer Confidence falls in September

Swiss franc likely to gradually depreciate against euro in coming months

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

Swedish economic sentiment indicator rises in November

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

Reserve Bank of India likely to stand pat in December

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

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Philippine central bank keeps interest rate unchanged at 2 pct

Australian economic growth recovers strongly in Q3 2020

Commodities snapshot (precious & industrial)

Monday, September 17, 2018 2:31 PM UTC

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

Gold:

  • Gold is up today but remains under pressure amid a stronger dollar. Today’s range $1204-1192
  • Gold is currently trading at $1203/troy ounce. Immediate support lies at $1190, and resistance at $1220 area.

Silver:

  • Further decline likely as the silver breaks key support around $14.2 area. However, a temporary correction on a weaker USD can’t be ruled out. Today’s range $13.93-14.26
  • Silver is currently trading at $14.23/troy ounce. Support lies at $13.4 & resistance at $15

Copper:

  • Copper remains under pressure as the U.S. China trade negotiations failed so far. Today’s range $2.6-2.65
  • Copper is currently trading at $2.65/pound, immediate support lies at, $2.55 & resistance at  $2.75

 

Gold

 +0.84%

Silver

 +1.50%

Copper

  +1.38%

 

 

 

 

 

 

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts
  • Market Data
Market Data by TradingView
Financial Markets by TradingView
Most Popular
1

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

2

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

3

FxWirePro- Token Unlock Tomorrow (

4

Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

5

Putin Envoy Heads to Miami for High-Stakes Talks as U.S. Pushes Ukraine Peace Deal

6

United Stables Launches $U: The AI-Ready Stablecoin Unifying Fragmented Liquidity on Ethereum and BNB Chain

7

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

8

Taiwan's Seized 210 BTC Sparks National Reserve Debate: Could It Rank 8th Globally in Sovereign Bitcoin Holdings?

9

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

10

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

EconoTimes
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.