Gold, silver punished by stronger USDX, falling crude oil gold silver USDX
- Gold and silver prices are solidly lower in midday U.S. trading Wednesday. Gold hit a nine-week low and silver a 2.5-month low today. The key outside markets were in a bearish daily posture for the metals markets at mid-week, as the U.S. dollar index was sharply higher and crude oil prices were lower. April gold was last down $23.30 at $1,842.00 and March silver was down $0.333 at $21.54.
Global stock markets were mixed overnight, with Asian shares mostly lower and European shares mostly higher. U.S. stock indexes are weaker at midday. Technically, April gold futures prices hit a six-week low today. Bulls have lost their slight overall near-term technical advantage. A fledgling downtrend is in place on the daily chart. Bulls’ next upside price objective is to produce a close above solid resistance at $1,900.00. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,800.00. First resistance is seen at $1,850.00 and then at today’s high of $1,870.90.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Gold, silver down as USDX rallies, crude oil weakensSenior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
اقرأ أكثر »
Gold SWOT: China raised its gold reserves for a third straight month.Commentaries from industry expert Frank Holmes focusing on gold price movements, what's moving markets and what to expect in the metals sector. This includes his weekly Gold SWOT analysis, which is also featured in his own Kitco News show Gold Game Film
اقرأ أكثر »
Ethics commissioner calls for mandatory ethics training for all senior Liberals after new breachThe Fergus report is the second in three months where commissioner Mario Dion found a Liberal MP in breach of ethics laws
اقرأ أكثر »
Missing senior last seen in Esquimalt might be carrying blue duvet, police sayGary Davis, 73, has a medical condition that might make him appear confused, Victoria police say
اقرأ أكثر »
Residents fearful after drive-by shooting of senior in SchombergBig city crime came to small\u002Dtown Ontario early Sunday when a 65\u002Dyear\u002Dold man in Schomberg was shot several times after making a gesture at a speeding car.
اقرأ أكثر »
Senior copper miner First Quantum reports net income of $1 billion in 'challenging' 2022A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
اقرأ أكثر »