Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.23% against the USD and closed at USD1294.30 per ounce on Friday, led by weakness in the US Dollar following uncertainty over the fate of a major US tax … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.13% against the USD and closed at USD55.23 per barrel, amid mounting concerns over surging US crude supplies and gloomier outlook for global oil demand. In the … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.59% against the USD and closed at USD17.08 per ounce, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 17.10, with the … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally rose against the USD and closed at USD1278.50 per ounce. In the Asian session, at GMT0400, the pair is trading at 1283.10, with the gold trading 0.36% higher against … Continue reading

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Crude Oil: Oil trading between its MA’s in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.44% against the USD and closed at USD55.30 per barrel, amid expectations that OPEC would extend its crude production cut in a meeting at the end of … Continue reading

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Silver: Whit metal trading marginally higher this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.24% against the USD and closed at USD16.98 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.99, with Silver … Continue reading

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Gold: Yellow metal trading a tad higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.21% against the USD and closed at USD1277.80 per ounce, after a pair of upbeat US economic reports increased the prospects of a Fed interest rate hike next month. … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.0% against the USD and closed at USD55.06 per barrel, after the International Energy Agency (IEA) lowered its global oil demand forecasts for this year and next. … 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 declined 0.09% against the USD and closed at USD17.02 per ounce, surrendering its previous session gains. In the Asian session, at GMT0400, the pair is trading at 17.05, with Silver … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.19% against the USD and closed at USD1280.30 per ounce, amid a broad weakness in the greenback and losses in global equities. In the Asian session, at GMT0400, the … Continue reading

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Crude Oil: Oil extends its losses, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.11% against the USD and closed at USD56.76 per barrel, after the Energy Information Administration (EIA) forecasted that US shale oil production would rise by 80,000 barrels … Continue reading

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