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

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

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

Australian economic growth recovers strongly in Q3 2020

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

U.S. vehicle sales fall again in November

Reserve Bank of India likely to stand pat in December

U.S. Q3 economic growth unrevised in second estimate

FxWirePro: Daily Commodity Tracker - 21st March, 2022

Philippine central bank keeps interest rate unchanged at 2 pct

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

U.S. durable goods orders sustain robust growth

U.S. House prices increase slightly in July

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

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

Germany's unemployment exceeds expectations in September

U.S. existing home sales decline in August

Commodities snapshot (precious & industrial)

Thursday, August 17, 2017 1:01 PM UTC

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

Gold:

  • Gold has broken a key resistance line. But down this week as North Korean tensions ease. Today’s range $1290-1282
  • In the short-term price is likely to move higher towards $1360 area.
  • Gold is currently trading at $1285/troy ounce. Immediate support lies at $1250, and resistance at $1295 area.

Silver:

  • Silver is marginally higher this week. Testing key resistance. Today’s range $16.97-17.2
  • Silver is currently trading at $17.07/troy ounce. Support lies at $16 & resistance at $17.2

Copper:

  • Copper is looking to break key resistance around $2.95 area. Today’s range $2.93-2.98
  • Copper is currently trading at $2.94/pound, immediate support lies at, $2.7 & resistance at  $2.92

 

Gold

 -0.31%

Silver

 +0.06%

Copper

 +1.17%

 

 

 

 

 

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