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U.S. House prices increase slightly in July

U.S. Q3 economic growth unrevised in second estimate

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

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

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

Germany's unemployment exceeds expectations in September

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

U.S. Consumer Confidence falls in September

Philippine central bank keeps interest rate unchanged at 2 pct

U.S. durable goods orders sustain robust growth

Bank Indonesia keeps key interest rate on hold at 3.75 pct

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

United States building permits

U.S. existing home sales decline in August

Swiss franc likely to gradually depreciate against euro in coming months

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

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

Commodities snapshot (precious & industrial)

Friday, November 2, 2018 2:57 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 $1237-1229
  • Gold is currently trading at $1232/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 $14.63-14.94
  • Silver is currently trading at $14.8/troy ounce. Support lies at $14.4 & resistance at $16

Copper:

  • Copper up sharply on breakthrough news on U.S. - China trade negotiations. Today’s range $2.70-2.81
  • Copper is currently trading at $2.8/pound, immediate support lies at, $2.55 & resistance at  $2.75

 

Gold

 -0.08%

Silver

 +1.02%

Copper

  +2.30%

 

 

 

 

 

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