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Canada's economy shows growth in July, but growth stalled in

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

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

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

Swedish economic sentiment indicator rises in November

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

Reserve Bank of India likely to stand pat in December

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

U.S. durable goods orders sustain robust growth

U.S. weekly jobless claims unexpectedly decrease

U.S. House prices increase slightly in July

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

Philippine central bank keeps interest rate unchanged at 2 pct

Germany's unemployment exceeds expectations in September

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

Australian economic growth recovers strongly in Q3 2020

Commodities snapshot (precious & industrial)

Friday, November 25, 2016 2:32 PM UTC

Metal pack is up today. Performance this week at a glance in chart & table -

Gold:

  • Gold is up as the dollar weakened.  Today’s range $1193-1170
  • We expect gold to reach $1520. Gold might reach as low as $1155 in the near term.
  • Gold is currently trading at $1189/troy ounce. Immediate support lies at $1150, and resistance at $1225 area.

Silver:

  • Silver is the best performer of the day. Today’s range $16.11-16.61
  • Silver is currently trading at $16.56/troy ounce. Support lies at $16, & resistance at $17.8

Copper:

  • Copper is the best performer of the week. Today’s range $2.64-2.69
  • Copper is currently trading at $2.66/pound, immediate support lies at, $2.4 & resistance at  $2.86

Gold

-1.66%

Silver

 -1.15%

Copper

 +9.55%

 

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