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FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

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

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

United States building permits

U.S. House prices increase slightly in July

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

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

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

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

FxWirePro: Daily Commodity Tracker - 21st March, 2022

U.S. durable goods orders sustain robust growth

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

U.S. existing home sales decline in August

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

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

U.S. vehicle sales fall again in November

U.S. Q3 economic growth unrevised in second estimate

Commodities snapshot (precious & industrial)

Monday, May 9, 2016 12:44 PM UTC

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

 

Gold –

 

  • As risk affinity grows, Gold is in back-foot to start off the week. Today’s range $1288-1271
  • Gold is currently trading at $1272/troy ounce. Immediate support lies at $1240 and resistance at $1350 area.

 

Silver –

 

  • Silver is down but marginally performer than the yellow metal. Today’s range $17.2 -17.5
  • Active call – Buy Silver @ $16.7 with target around $19 and stop loss at $14.8
  • Silver is currently trading at $17.25 /troy ounce. Support lies at $16.5 & resistance at $17.8, 18.4

 

Copper –

 

  • Copper is worst performer today on weaker Chinese trade data. Today’s range $2.11-2.28
  • Copper is currently trading at $2.12/pound, immediate support lies at, $2.03 & resistance at  $2.3, $2.21

 

Gold

-1.17%

Silver

-1.09%

Copper

 -1.53%

 

 

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