Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails 
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’ 
Trump has made more than $1 billion from crypto in a year. How? 
Goldman AM Sees Strong Buyout Opportunities in Japan, South Korea and Australia 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
Vietnam’s population hit the 100 million milestone. Where’s it headed? 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 
 - EconoTimes)
Metals as a pact continue to lose grounds against dollar though performance remained mixed. Performance this week at a glance in chart & table -
- Gold - Gold reached initial target of $1150/troy ounce in today's trading. Gold traded as low as 1147 intraday. Prices can move to even $1040/troy ounce if key support is broken. Immediate support lies at 1144 & resistance at 1166.
- Silver - Silver, fell more than gold in today's trading. Mint ratio is at 74.8, up 0.80% today. Prices might reach as low as $14/troy ounce as key level got broken in today's trading. Silver is currently trading at $15.4/troy ounce. Support lies at 14 & resistance at 16.6.
- Copper - Copper is rolling back gains made over last week and feeling further pressure in today's trading as data revealed continued slowing in China. Industrial production grew by 6.8% in January compared to previous 7.9%. Retails sales grew at 10.7% compared to previous 11.9%. Copper is trading at $2.61/pound. Price pattern suggests loss towards 2.47 levels should the resistance hold. Immediate support lies at 2.57 & resistance at 2.67.
|
Gold |
-1.29% |
|
Silver |
-3.53% |
|
Copper |
0.19% |
