Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails 
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’ 
In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land 
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 
Alcohol is one of the most dangerous drugs, yet its presence is ubiquitous in social settings and celebrations 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Elon Musk is remaking the world, like Henry Ford before him – but more dangerously 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
 - EconoTimes)
Metals pack performance is lacklustre to begin the week. Performance this week at a glance in chart & table -
Gold -
- Gold gained from $1170 area to trade as high as $1188, however safe haven bids failed to materialize in spite of Greek crisis.
- Gold is currently trading at $1171/troy ounce. Immediate support lies at $1152 and resistance at $1224, $1236-1240 area.
Silver -
- Silver dropped sharply today, tested $15.5 support area intraday. Up sharply from there. Today's range $15.92-$15.5
- Mint ratio is up by 0.4% today, currently at 74.2. Mint ratio and precious metal prices are inversely related more often than not.
- Silver is currently trading at $15.79/troy ounce. Support lies at $15.42 & resistance at $17.5-17.7, 18.4-18.7.
Copper -
- Copper treads water around 2.63 area. Today's range $2.65 - 2.61
- Copper is currently trading at $2.63/pound, immediate support lies at $2.5 & resistance at $2.75, $2.84, $2.89, $2.95.
|
Gold |
+0.26% |
|
Silver |
-0.41% |
|
Copper |
-0.19% |
