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Swiss franc likely to gradually depreciate against euro in coming months

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

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

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

Gold recovers from previous day slide on stimulus hopes

Gold steadies amid concerns over rising virus cases

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

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

Reserve Bank of India likely to stand pat in December

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

U.S. Q3 economic growth unrevised in second estimate

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

Australian economic growth recovers strongly in Q3 2020

Swedish economic sentiment indicator rises in November

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

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

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

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Commodities snapshot (precious & industrial)

Friday, September 22, 2017 12:49 PM UTC

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

Gold:

Gold is marginally higher today as the dollar declines. Today’s range $1290-1298
Gold might decline towards $1258 per troy ounce
Gold is currently trading at $1294/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.

Silver:

Silver is the worst performer of the week. Today’s range $16.91-17.09
Silver is currently trading at $16.96/troy ounce. Support lies at $17.1 & resistance at $18.2

Copper:

Copper gave up earlier gains as China’s rating downgraded. Today’s range $2.95-2.89
Copper is currently trading at $2.92/pound, immediate support lies at, $2.89 & resistance at $3.12

Gold	-1.90%
Silver	-3.36%
Copper	-0.81%

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Commodities snapshot (precious & industrial)

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