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

U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020

Gold steadies amid concerns over rising virus cases

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

Gold at multi-week peaks as dollar slumps after Biden clinches U.S. presidency

Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

Swiss franc likely to gradually depreciate against euro in coming months

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

Bank Indonesia lowers interest rate by 25 bps to 3.75 pct, unlikely to cut further

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

Gold recovers from previous day slide on stimulus hopes

Reserve Bank of India likely to stand pat in December

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Gold prices ease as vaccine hopes offset worries about second coronavirus wave

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

Bank of Thailand keeps key policy rate on hold at 0.50 pct

Commodities snapshot (precious & industrial)

Wednesday, January 3, 2018 2:18 PM UTC

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

Gold:

  • Gold is higher on geopolitical tensions and a weaker dollar. Today’s range $1311-1321
  • Gold is currently trading at $1317/troy ounce. Immediate support lies at $1225, and resistance at $1272 area.

Silver:

  • Silver is up in line with the gold. Today’s range $17.07-17.24
  • Silver is currently trading at $17.17/troy ounce. Support lies at $15.8, $15.2 & resistance at $16.6

Copper:

  • Copper is the worst performer of the day. Today’s range $3.24-3.28
  • Copper is currently trading at $3.26/pound, immediate support lies at, $3.12 & resistance at  $3.45

 

Gold

 +0.84%

Silver

 +0.94%

Copper

  -0.91%

 

 

 

 

 

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