| Commentary

Become a contributor

Bookmark Econotimes

| Commentary

Germany's unemployment exceeds expectations in September

U.S. vehicle sales fall again in November

Australian economic growth recovers strongly in Q3 2020

U.S. House prices increase slightly in July

U.S. existing home sales decline in August

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

U.S. Q3 economic growth unrevised in second estimate

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

U.S. Consumer Confidence falls in September

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

U.S. durable goods orders sustain robust growth

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

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

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

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

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

U.S. weekly jobless claims unexpectedly decrease

©Econometrics LLC . All Rights Reserved.

Commodities snapshot (precious & industrial)

Monday, August 7, 2017 12:41 PM UTC

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

Gold:

Gold is declining sharply after a failure to break key resistance line. Today’s range $1260-1255
In the short-term price is likely to decline to $1190 area.
Gold is currently trading at $1257/troy ounce. Immediate support lies at $1230, and resistance at $1275 area.

Silver:

Silver is the worst performer this week. Today’s range $16.11-16.41
Silver is currently trading at $16.18/troy ounce. Support lies at $16 & resistance at $17.2

Copper:

Copper testing key resistance around $2.92 area. Today’s range $2.91-2.87
Copper is currently trading at $2.89/pound, immediate support lies at, $2.7 & resistance at $2.92

Gold	-0.08%
Silver	-0.31%
Copper	-0.00%

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Munich Security Conference 2026: Transatlantic Tensions, Ukraine War and Europe’s Strategic Shift

GE Aerospace Expands Singapore Engine Repair Hub with Automation and AI to Tackle Aviation Bottlenecks

Asian Currencies Slip as Dollar Stabilizes Ahead of U.S. CPI Data

FxWirePro- Token Unlock Feb 15th 2026(CONCX)

US Lawmakers Urge Taiwan to Boost Defence Spending Amid Rising China Threat

Starmer Proposes Joint Defense Procurement Plan to Cut UK and NATO Rearmament Costs

FxWirePro- Key Crypto Updates

FxWirePro- Major Crypto levels and bias summary

Fed's Crypto Wake-Up Call: Tougher Margin Rules Target Wild Volatility

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Commodities snapshot (precious & industrial)

Editor's Picks

Welcome to EconoTimes