Crude Oil: Oil trading lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.45% against the USD and closed at USD50.28 per barrel, after Kuwait supported an extension of OPEC production cuts beyond June in an attempt to reduce global … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.49% against the USD and closed at USD18.15 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.09, with the … 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 0.76% against the USD and closed at USD1245.70 per ounce, amid strength in the greenback following the release of robust US Q4 GDP data. In the Asian session, at … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement Crude Oil prices advanced 2.23% against the USD for the 24-hour period ending 23:00GMT, closing at 49.56, after the Energy Information Administration (EIA) reported that US crude oil inventories rose less-than-expected by 0.87 million barrels in the … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading lower in the morning session

Silver Movement Silver prices rose 0.39% to USD 18.24 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.17, with the silver trading 0.36% lower … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading on a weaker footing this morning

Gold Movement Gold prices traded 0.15% higher against the USD in the 24-hour period ending 23:00GMT, at USD 1255.50 per ounce, as uncertainty about Brexit talks, French elections and the US President Donald Trump’s economic policies boosted demand for the … Continue reading

Posted in Gold | Comments Off

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 1.34% against the USD and closed at USD48.48 per barrel, following severe disruption to Libyan crude oil supplies and the latest comments from OPEC officials suggesting that … 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 0.3% against the USD and closed at USD18.17 per ounce, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 18.09, with the … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal extends its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.22% against the USD and closed at USD1253.60 per ounce, as the US Dollar strengthened following better-than-expected US economic data. In the Asian session, at GMT0300, the pair is … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil slightly declined against the USD and closed at USD47.84 per barrel, amid doubts whether oil producers would extend their output cut beyond June. In the Asian session, at … 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 rose 1.29% against the USD and closed at USD18.11 per ounce. In the Asian session, at GMT0300, the pair is trading at 18.07, with the silver trading 0.25% lower against … Continue reading

Posted in Silver | Comments Off