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

U.S. durable goods orders sustain robust growth

U.S. Q3 economic growth unrevised in second estimate

U.S. vehicle sales fall again in November

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

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

Swiss franc likely to gradually depreciate against euro in coming months

U.S. House prices increase slightly in July

Reserve Bank of India likely to stand pat in December

U.S. existing home sales decline in August

Australian economic growth recovers strongly in Q3 2020

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

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

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

U.S. Consumer Confidence falls in September

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

United States building permits

Commodities snapshot (precious & industrial)

Tuesday, July 11, 2017 11:39 AM UTC

The metal pack is down today. Performance this week at a glance in chart & table -

Gold:

  • Gold is back in declining mode as demand lags. Today’s range $1209-1216
  • In the short-term price is likely to decline to $1190 area.
  • Gold is currently trading at $1210/troy ounce. Immediate support lies at $1190, and resistance at $1245 area.

Silver:

  • Silver is down in line with the gold this week. Today’s range $15.44-15.73
  • Silver is currently trading at $15.53/troy ounce. Support lies at $14.8 & resistance at $16

Copper:

  • Copper is grinding lower after struggling to break key resistance around $2.7 area. Today’s range $2.64-2.67
  • Copper is currently trading at $2.64/pound, immediate support lies at, $2.4 & resistance at  $2.7

 

Gold

 -0.17%

Silver

 -0.26%

Copper

 -0.19%

 

 

 

 

 

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