Menu

Search

  |   Commentary
Become a contributor

Menu

  |   Commentary

Search

Reserve Bank of India likely to stand pat in December

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

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

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

U.S. personal income and spending rose less than expected in August

Canadian inflation continues to ease, moving closer to the Bank of Canada's target

U.S. vehicle sales fall again in November

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

Bank Indonesia keeps key interest rate on hold at 3.75 pct

U.S. Consumer Confidence falls in September

FxWirePro: Daily Commodity Tracker - 21st March, 2022

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

Swedish economic sentiment indicator rises in November

U.S. existing home sales decline in August

U.S. durable goods orders sustain robust growth

Swiss franc likely to gradually depreciate against euro in coming months

Commodities snapshot (precious & industrial)

Friday, December 16, 2016 2:28 PM UTC

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

Gold:

  • Gold is up today but has fallen sharply post FOMC. Likely to slide towards $1090 per troy ounce.  Today’s range $1126-1136
  • Gold is currently trading at $1134/troy ounce. Immediate support lies at $1150, and resistance at $1225, $1285 area.

Silver:

  • Silver is testing key resistance around $16 area. Today’s range $15.89-16.3
  • Silver is currently trading at $16.05/troy ounce. Support lies at $16, & resistance at $17.8

Copper:

  • Copper is heading for a larger correction as it failed to break previous high around $2.7. Stronger dollar weighs. Today’s range $2.56-2.62         
  • Copper is currently trading at $2.57/pound, immediate support lies at, $2.4 & resistance at  $2.86

 

Gold

-2.16%

Silver

 -4.44%

Copper

 -2.98%

 

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

Trump–Netanyahu Talks Aim to Revive Gaza Ceasefire and Address Iran, Hezbollah Tensions

2

Leapmotor Targets 4 Million Annual EV Sales as Global Expansion Accelerates

3

Trump Administration Probes Corporate DEI Programs, Raising Questions for Google Stock

4

Vietnam’s EV Taxi Giant GSM Eyes Hong Kong IPO With $2–3 Billion Valuation

5

China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions

6

Australia Orders Independent Review After Bondi Mass Shooting, Albanese Resists Royal Commission Calls

7

South Korea Prosecutor Alleges Former First Lady Kim Keon Hee Abused Power for Bribes

8

Trump and Zelenskiy Signal Progress Toward Ukraine Peace Deal, Donbas Still Unresolved

9

FxWirePro- Key Crypto Updates 

10

FxWirePro- Top 7 upcoming unlocks of the upcoming week

EconoTimes
Close

Welcome to EconoTimes

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