Crude Oil: Oil extends its losses, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.53% against the USD and closed at USD70.76 per barrel, after Russia signalled at a gradual increase in crude production and the Organisation of the Petroleum Exporting … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.37% against the USD and closed at USD16.70 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.64, with silver … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.9% against the USD and closed at USD1309.90 per ounce, as the US President, Donald Trump’s move to cancel a meeting with North Korea, renewed geopolitical tensions and increased … Continue reading

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Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.42% against the USD and closed at USD71.86 per barrel, weighed down by an unexpected rise in US crude oil inventories. The Energy Information Administration (EIA) report … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.6% against the USD and closed at USD16.47 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.46, with silver trading 0.09% lower against the … Continue reading

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Gold: Yellow metal trading a tad higher this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.15% against the USD and closed at USD1299.10 per ounce, amid weakness in global equities. In the Asian session, at GMT0300, the pair is trading at 1299.60, with gold … Continue reading

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Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.52% against the USD and closed at USD72.16 per barrel, surrendering its previous session gains. Separately, the American Petroleum Institute (API) reported that US crude oil inventories … Continue reading

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Silver: White metal trading between its MA’s

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.21% against the USD and closed at USD16.57 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.55, with silver … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.26% against the USD and closed at USD1296.10 per ounce, amid weakness in US equities. In the Asian session, at GMT0300, the pair is trading at 1292.50, with gold … Continue reading

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Crude Oil: Oil reverses its gains, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.93% against the USD and closed at USD72.54 per barrel, after the outcome of Venezuelan presidential election triggered worries that the country’s oil production could fall further. … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.58% against the USD and closed at USD16.54 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.50, with silver … Continue reading

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