Menu

Search

  |   Commentary
Become a contributor

Menu

  |   Commentary

Search

United States building permits

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

U.S. durable goods orders sustain robust growth

Reserve Bank of India likely to stand pat in December

Swedish economic sentiment indicator rises in November

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

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

FxWirePro: Daily Commodity Tracker - 21st March, 2022

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

U.S. weekly jobless claims unexpectedly decrease

U.S. existing home sales decline in August

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

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

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

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

Germany's unemployment exceeds expectations in September

Commodities snapshot (precious & industrial)

Thursday, November 1, 2018 12:57 PM UTC

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

Gold:

  • Gold recovered on a weaker USD. Today’s range $1230-1214
  • Gold is currently trading at $1228/troy ounce. Immediate support lies at $1195, and resistance at $1250 area.

Silver:

  • Further decline likely as the silver breaks key support around $14.2 area. However, a temporary correction on a weaker USD is currently taking place. The correction might increase to $15.5 per troy ounce. Today’s range $14.23-14.52
  • Silver is currently trading at $14.56/troy ounce. Support lies at $14.4 & resistance at $16

Copper:

  • Copper remains under pressure as the U.S. China trade negotiations failed so far. It has started sliding again. Today’s range $2.64-2.75
  • Copper is currently trading at $2.67/pound, immediate support lies at, $2.55 & resistance at  $2.75

 

Gold

 -0.41%

Silver

 -0.48%

Copper

  -2.34%

 

 

 

 

 

 

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

Russia Stocks End Flat as Energy Shares Support MOEX Index

2

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

3

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

4

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

5

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

6

U.S.–Russia Talks in Florida Raise Hopes but Reveal Deep Divides Over Ukraine War

7

Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland

8

Ukraine Signals Support for U.S.-Led Three-Sided Talks With Russia to Boost Peace Efforts

9

Lula Warns Against Military Action in Venezuela as U.S. Pressure Mounts

10

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

EconoTimes
Close

Welcome to EconoTimes

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