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

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

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

Australian economic growth recovers strongly in Q3 2020

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

Germany's unemployment exceeds expectations in September

U.S. existing home sales decline in August

Swedish economic sentiment indicator rises in November

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

U.S. durable goods orders sustain robust growth

Reserve Bank of India likely to stand pat in December

U.S. Q3 economic growth unrevised in second estimate

Philippine central bank keeps interest rate unchanged at 2 pct

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

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

Swiss franc likely to gradually depreciate against euro in coming months

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

Commodities snapshot (precious & industrial)

Thursday, December 17, 2015 1:37 PM UTC

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

Gold -

  • Gold retraced back yesterday's entire gains, suggesting price might drop further. Today's range $1073-1058
  • Gold is currently trading at $1061/troy ounce. Immediate support lies at $1050, $1030 and resistance at $1108 area.

Silver -

  • Silver down but better performer than gold. Today's range $13.95-14.26
  • Silver is currently trading at $14.02/troy ounce. Support lies at $13 & resistance at $14.2, $15.5.

Copper -

  • Copper gave up its yesterday's gains. Today's range $2.04-2.08
  • 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

-1.30%

Silver

+0.83%

Copper

  -2.47%

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