Menu

Search

  |   Commentary
Become a contributor

Menu

  |   Commentary

Search

Gold steadies amid concerns over rising virus cases

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

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

Bank Indonesia keeps key interest rate on hold at 3.75 pct

FxWirePro: Daily Commodity Tracker - 21st March, 2022

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

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

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

Danish headline inflation eases in October, likely to reach 0.8 pct in 2021

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

U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

U.S. vehicle sales fall again in November

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

Reserve Bank of India likely to stand pat in December

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

Swiss franc likely to gradually depreciate against euro in coming months

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

Commodities snapshot (precious & industrial)

Thursday, December 3, 2015 2:06 PM UTC

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

Gold -

  • Gold is up today as Dollar took a beating after ECB's disappointment in stimulus. Today's range $1063-1046
  • Gold is currently trading at $1058/troy ounce. Immediate support lies at $1050, 1030 and resistance at $1108 area.  

Silver -

  • Silver broke below $14 support area but up as Dollar took a beating. Today's range $14.16-13.8
  • Silver is currently trading at $14.07/troy ounce. Support lies at $14 & resistance at $, 15.2, $16.5.

Copper -

  • Copper gained over weaker Dollar. Today's range $2.06-2.02
  • Longer term Call - Sell Copper targeting $1.85/pound.
  • Copper is currently trading at $2.05/pound, immediate support lies at, $2 & resistance at $2.35.

Gold

+0.19%

Silver

+0.07%

Copper

  -0.53%

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
Market Data by TradingView
Financial Markets by TradingView
Most Popular
1

Skechers Sales Surge as Growth Lags for Nike and Adidas; Nike Eyes 2024 Olympics

2

America’s Roundup: Dollar mostly flat as market mulls inflation outlook ,Wall Street end mixed, Gold gains, Oil gains 1% on hopes of firmer demand

3

FxWirePro- Ethereum Daily Outlook

4

FxWirePro: GBP/NZD pauses decline, downside risk remains

5

Gaza: what ceasefire negotiations tell us about how each side judges its progress in the war

6

FxWirePro:EUR/NZD hits two month low, more downside expected

7

Delays in western aid have put Ukraine in a perilous position

8

Gaza update: why neither ceasefire talks nor the Rafah offensive appear to be working

9

FxWirePro: GBP/AUD under pressure after early buying dries up

10

FxWirePro- Major Pair levels and bias summary

EconoTimes
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.