Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.15% against the USD and closed at USD52.12 per barrel, after OPEC’s oil output fell by 751,000bls per day to 31.6mn bls per day in December. In … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.35% against the USD and closed at USD15.56 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.57, with silver … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading slightly higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.12% against the USD and closed at USD1291.60 per ounce, amid upbeat US economic data. In the Asian session, at GMT0400, the pair is trading at 1291.70, with gold … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.48% against the USD and closed at USD52.24 per barrel, amid OPEC supply cuts after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.13% against the USD and closed at USD15.63 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.60, with silver … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading on a weaker footing in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.33% against the USD and closed at USD1293.50 per ounce, amid geopolitical tensions in the US and UK. In the Asian session, at GMT0400, the pair is trading at … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading slightly higher, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.68% against the USD and closed at USD51.94 per barrel, amid hopes that China would take necessary steps to boost economy. Additionally, the American Petroleum Institute (API) … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading lower in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.54% against the USD and closed at USD15.63 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.61, with silver … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal extends its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.25% against the USD and closed at USD1289.40 per ounce, amid strength in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1288.80, with … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading higher, ahead of API’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.84% against the USD and closed at USD50.75 per barrel, as disappointing economic data from China raised concerns over global growth. In the Asian session, at GMT0400, … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.32% against the USD and closed at USD15.69 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.72, with silver … Continue reading

Posted in Silver | Comments Off