Crude Oil: Oil trading lower ahead of EIA’s weekly crude inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.67% against the USD and closed at USD53.49 per barrel, after the US imposed tough sanctions on an arm of Russian oil company, Rosneft, raising oil supply … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading lower this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.43% against the USD and closed at USD18.42 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.38, with silver … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.64% against the USD and closed at USD1614.60 per ounce, as ongoing concerns over the global economic impact of the coronavirus epidemic boosted demand for the safe haven asset. … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.23% against the USD and closed at USD52.10 per barrel. In the Asian session, at GMT0400, the pair is trading at 52.62, with oil trading 1.00% higher … 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 2.08% against the USD and closed at USD18.16 per ounce. In the Asian session, at GMT0400, the pair is trading at 18.24, with silver trading 0.44% higher against the … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.10% against the USD and closed at USD1604.50 per ounce, amid a drop in global equities and mounting concerns over the coronavirus outbreak. In the Asian session, at GMT0400, … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading lower ahead of the API weekly crude stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.12% against the USD and closed at USD51.98 per barrel. In the Asian session, at GMT0400, the pair is trading at 51.68, with oil trading 0.58% lower … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading on a positive footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.31% against the USD and closed at USD17.79 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.87, with silver … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.10% against the USD and closed at USD1584.10 per ounce, amid hopes for China’s stimulus efforts to limit the economic impact from the coronavirus outbreak. In the Asian session, … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading marginally lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.15% against the USD and closed at USD52.04 per barrel on Friday, as reports of oil purchases by Chinese refiners eased concerns about a slowdown in oil … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.48% against the USD and closed at USD17.71 per ounce on Friday, in line with gains in the yellow metal. In the Asian session, at GMT0400, the pair is … Continue reading

Posted in Silver | Comments Off