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Swedish economic sentiment indicator rises in November

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

Gold recovers from previous day slide on stimulus hopes

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

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

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

U.S. vehicle sales fall again in November

Australian economic growth recovers strongly in Q3 2020

Philippine central bank keeps interest rate unchanged at 2 pct

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

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

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

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

Swiss franc likely to gradually depreciate against euro in coming months

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

Malaysian economic growth rebounds in Q3 2020 on household consumption, exports

U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

Commodities snapshot (precious & industrial)

Friday, June 15, 2018 11:20 AM UTC

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

Gold:

  • Gold is struggling as strong dollar weighs. Today’s range $1304-1297
  • Gold is currently trading at $1299/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is the best performer this week. Today’s range $16.92-17.25
  • Silver is currently trading at $17.2/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper gave up earlier gains, likely to decline towards $3.13 area. Today’s range $3.22-3.19
  • Copper is currently trading at $3.21/pound, immediate support lies at, $3.05 & resistance at  $3.32

 

Gold

 +0.00%

Silver

 +2.69%

Copper

  -2.64%

 

 

 

 

 

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