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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

Australian economic growth recovers strongly in Q3 2020

Reserve Bank of India likely to stand pat in December

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

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

U.S. Consumer Confidence falls in September

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

U.S. Q3 economic growth unrevised in second estimate

Swedish economic sentiment indicator rises in November

U.S. vehicle sales fall again in November

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

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

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

Commodities snapshot (precious & industrial)

Thursday, December 20, 2018 5:30 PM UTC

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

Gold:

  • Gold is up sharply this week over weaker USD. In addition to that, remains upbeat on risk aversion. Today’s range $1262-1242
  • Gold is currently trading at $1261/troy ounce. Immediate support lies at $1220, and resistance at $1275 area.

Silver:

  • Silver is moving higher along with gold as USD weakens. Up today on weaker USD. Today’s range $14.53-14.87
  • Silver is currently trading at $14.75/troy ounce. Support lies at $14 & resistance at $16

Copper:

  • Copper is the worst performer of the week as trade tensions remain amid global growth concerns. Today’s range $2.71-2.65
  • Copper is currently trading at $2.69/pound, immediate support lies at, $2.55 & resistance at  $2.81

 

Gold

 +1.36%

Silver

 +1.62%

Copper

  -2.15%

 

 

 

 

 

 

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