Crude Oil: Oil trading higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.14% against the USD and closed at USD51.15 per barrel on Friday, as weak economic data from China reigned concerns of lower fuel demand from the country. … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.11% against the USD and closed at USD14.66 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.64, … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.3% against the USD and closed at USD1242.50 per ounce on Friday, amid strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1241.40, … Continue reading

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Crude Oil: Oil reverses previous session’s gains; Baker Hughes weekly rig count data eyed

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.82% against the USD and closed at USD52.81 per barrel, amid news reports that Saudi Arabia is planning to reduce shipments to the US refiners to avoid … 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 0.13% against the USD and closed at USD14.82 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.78, with silver … Continue reading

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Gold: Yellow metal trading a tad lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.38% against the USD and closed at USD1246.30 per ounce, as strength in the US dollar lowered demand for the safe haven asset. In the Asian session, at GMT0400, … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.33% against the USD and closed at USD51.36 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles dropped less-than-expected by 1.2 … Continue reading

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Silver: White metal trading on a positive footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.23% against the USD and closed at USD14.84 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.85, with silver … Continue reading

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Gold: Yellow metal trading lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.15% against the USD and closed at USD1250.50 per ounce, amid weakness in the U dollar. In the Asian session, at GMT0400, the pair is trading at 1249.50, with … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.12% against the USD and closed at USD52.05 per barrel, amid sudden disruptions in Libya’s output. Additionally, the American Petroleum Institute (API) reported that US crude oil … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.17% against the USD and closed at USD14.66 per ounce. In the Asian session, at GMT0400, the pair is trading at 14.71, with silver trading 0.34% higher against the … Continue reading

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