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FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

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

Philippine central bank keeps interest rate unchanged at 2 pct

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

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

U.S. House prices increase slightly in July

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

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

Bank Indonesia keeps key interest rate on hold at 3.75 pct

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

Australian economic growth recovers strongly in Q3 2020

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

U.S. durable goods orders sustain robust growth

U.S. vehicle sales fall again in November

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

U.S. weekly jobless claims unexpectedly decrease

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

Commodities snapshot (precious & industrial)

Thursday, December 6, 2018 3:59 PM UTC

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

Gold:

  • Gold is heading higher as USD weakens. Today’s range $1234-1245
  • Gold is currently trading at $1242/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. Up today on weaker USD. Today’s range $14.32-14.57
  • Silver is currently trading at $14.46/troy ounce. Support lies at $14 & resistance at $16

Copper:

  • Copper declines as trade optimism fade. Likely to decline further to test $2.5 area once the optimism fades. Today’s range $2.78-2.71
  • Copper is currently trading at $2.716/pound, immediate support lies at, $2.55 & resistance at  $2.81

 

Gold

 +1.64%

Silver

 +2.19%

Copper

  -2.65%

 

 

 

 

 

 

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