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

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

U.S. vehicle sales fall again in November

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

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

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

U.S. Q3 economic growth unrevised in second estimate

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

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

Swedish economic sentiment indicator rises in November

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Reserve Bank of India likely to stand pat in December

Gold steadies amid concerns over rising virus cases

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

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

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

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

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Commodities snapshot (precious & industrial)

Wednesday, July 26, 2017 10:55 AM UTC

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

Gold:

Gold is flat ahead of FOMC meeting. Today’s range $1243-1251
In the short-term price is likely to decline to $1190 area.
Gold is currently trading at $1247/troy ounce. Immediate support lies at $1190, and resistance at $1255 area.

Silver:

Silver is down this week. Today’s range $16.28-16.55
Silver is currently trading at $16.42/troy ounce. Support lies at $14.8 & resistance at $16

Copper:

Copper skyrocketed after clearing key resistance around $2.7 area. Today’s range $2.83-2.91
Copper is currently trading at $2.85/pound, immediate support lies at, $2.7 & resistance at $2.92

Gold	-0.56%
Silver	-0.49%
Copper	+4.85%

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Commodities snapshot (precious & industrial)

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