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

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

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

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

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

Australian economic growth recovers strongly in Q3 2020

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

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

Swedish economic sentiment indicator rises in November

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

U.S. vehicle sales fall again in November

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

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

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

U.S. Q3 economic growth unrevised in second estimate

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

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

Commodities snapshot (precious & industrial)

Friday, June 29, 2018 1:27 PM UTC

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

Gold:

  • Gold is down this week as strong dollar weighs. Today’s range $1245-1253
  • Gold is currently trading at $1250/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is down in line with the gold. Today’s range $15.94 -16.15
  • Silver is currently trading at $16.02/troy ounce. Support lies at $15.4 & resistance at $16.8

Copper:

  • Copper selloff continues amid trade war fear. The worst performer of the week. Today’s range $2.95-3.00
  • Copper is currently trading at $2.97/pound, immediate support lies at, $2.92 & resistance at  $3.10

 

Gold

 -1.50%

Silver

 -2.44%

Copper

  -1.95%

 

 

 

 

 

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