But we all know that security cameras can only do as much. Unfortunately, most of these stores don’t have security guards on duty to protect the premises.
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It should be noted that silver failed to settle above $24.50 and managed to get below the nearest support level at $24.30, so the start of today’s trading session will be challenging for silver mining stocks.įor a look at all of today’s economic events, check out our economic calendar. The stock market is trading at all-time high levels while inflation worries remain under control, which may present a problem for gold. Gold’s move is bad news for gold mining stocks which managed to gain solid upside momentum in recent weeks. dollar was mostly flat against a broad basket of currencies while the yield of 10-year Treasuries remained stuck near 1.63%. Gold failed to gain additional upside momentum and declined below the $1800 level as demand for safe-haven assets decreased. On a year-over-year basis, home prices are projected to grow by 20%.
Meanwhile, New Home Sales report is projected to show that New Home Sales grew by 1% month-over-month in September.Ĭase-Shiller Home Price Index is projected to indicate that home prices continued to grow at a robust pace and increased by 1.5% month-over-month in August. Today, traders will have a chance to take a look at Consumer Confidence report for October which may have a material impact on the market as it is released just one week ahead of the key Fed meeting.Īnalysts expect that Consumer Confidence declined from 109.3 in September to 108.3 in October.