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Swedish economic sentiment indicator rises in November

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

FxWirePro: Daily Commodity Tracker - 21st March, 2022

U.S. existing home sales decline in August

United States building permits

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

Swiss franc likely to gradually depreciate against euro in coming months

U.S. Q3 economic growth unrevised in second estimate

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

U.S. vehicle sales fall again in November

U.S. durable goods orders sustain robust growth

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

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

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

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

U.S. House prices increase slightly in July

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

Commodities snapshot (precious & industrial)

Wednesday, January 4, 2017 11:50 AM UTC

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

Gold:

  • Gold is gaining some momentum despite a strong dollar. Likely to slide towards $1090 per troy ounce.  Today’s range $1159-1145
  • Gold is currently trading at $1165/troy ounce. Immediate support lies at $1150, and resistance at $1225, $1285 area.

Silver:

  • Silver is a much better performer than gold this week. Today’s range $15.86-16.16
  • Silver is currently trading at $16.45/troy ounce. Support lies at $16, & resistance at $17.8

Copper:

  • Copper is the worst performer of the week but remains positive. Today’s range $2.51-2.47
  • Active call – Sell copper targeting $2.15 per pound   
  • Copper is currently trading at $2.51/pound, immediate support lies at, $2.4 & resistance at  $2.86

 

Gold

 +1.23%

Silver

  +3.43%

Copper

 +0.68%

 

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