Metals as a pack performing well as dollar weakens post FOMC. Performance this week at a glance in chart & table - Gold -Gold is going for consolidation as the bulls so far failed to break above key resistance. Gold is c…
Metals as a pack performing well as dollar weakens post FOMC. Performance this week at a glance in chart & table -
Gold -Gold is going for consolidation as the bulls so far failed to break above key resistance.Gold is currently trading at $1187/troy ounce. Immediate support lies at 1160, 1144 and resistance at 1192, 1205.
Silver - Silver is better performer than gold week. Mint ratio is at 70.35, down 0.16% today. Further reduction may result in a rally in precious metal. Silver is currently trading at $16.86/troy ounce. Support lies at 15.42,14 & resistance at 17, 17.8.
Copper - Copper is the best performer this week and broken above key resistance. Outlook for repo trades improved as FED signaled slower rate hike. Immediate support lies at 2.59 & resistance at 2.80.
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…
