Metals as a pack doing worse this week even before FOMC. Performance this week at a glance in chart & table - Gold - Gold is trading below $1150, even before FOMC and testing the support intraday. A break below over FOMC…
Metals as a pack doing worse this week even before FOMC. Performance this week at a glance in chart & table -
Gold - Gold is trading below $1150, even before FOMC and testing the support intraday. A break below over FOMC might take gold as low as $1040/ troy ounce. Gold is currently trading at $1148/ troy ounce. Immediate support lies at 1144, 1132, 1040 & resistance at 1166, 1175, 1192.
Silver - Silver is the best performer this week. FOMC might provide further direction. Mint ratio is at 74, up 0.15% today. Prices might reach as low as $14/troy ounce as key level remains broken. Silver is currently trading at $15.5/troy ounce. Support lies at 14 & resistance at 16.6.
Copper - Copper is the worst performer this week. Copper is heavy over slowdown in China. Today's weaker house price data poured water over bulls. Copper is currently trading at $2.57/pound. Price pattern suggests loss towards 2.47 levels should the resistance at $ 2.72 holds. Immediate support lies at 2.52 & resistance at 2.64.
Australia's September 2026 labour report shocked to the negative: unemployment climbed to 4.7% from 4.6% and employment dropped by 39,300 against expectations for a 20,000 increase. Part-time work dropped by 73,700, whic…
UNCX Network, a cryptocurrency token vesting platform formerly known as UniCrypt, suffered a security exploit on Wednesday that drained approximately $86,000 from its shared Ethereum token pool. Blockchain security firm …
Solana is preparing to introduce its highly anticipated Alpenglow consensus upgrade on October 21, 2026, marking one of the blockchain's biggest technological changes since its launch in 2020. The upgrade aims to signifi…
