Gold / Silver / Copper Prices – Weekly Outlook: October 15 – 19

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Investing.com – This week precious metals traders will see whether gold’s surge higher can be sustained after a rout in global equity markets which coincided with weakness in the dollar bolstered safe haven demand for the yellow metal.

On Wednesday investors will get the chance to review the minutes of the Federal Reserve’s September meeting, when it raised rates for a third time this year.

The minutes come in the wake of President Donald Trump’s criticism of the central bank’s recent rate hikes.

Investors will also get updates on U.S. retail sales, industrial production and the health of the housing market.

Outside the U.S., Italy’s budget is likely to remain in focus, while investors will be monitoring the pound ahead of a crunch European Union summit on Brexit on Thursday.

Read more at : https://www.investing.com/news/commodities-news/gold–silver–copper-prices–weekly-outlook-october-15–19-1643306

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