Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.02% against the USD and closed at USD53.19 per barrel on Friday, after Baker Hughes data suggested that oil-drilling in US is ramping up. Baker Hughes disclosed … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal extended gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.05% against the USD and closed at USD17.14 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 17.18, with the white metal trading … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading higher this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.08% against the USD and closed at USD1191.90 per ounce on Friday, amid weakness in global equities. In the Asian session, at GMT0400, the pair is trading at 1196.10, … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading on a stronger footing, ahead of Baker Hughes rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.38% against the USD and closed at USD53.74 per barrel, amid optimism that major oil producers have been cutting back crude output as agreed. In the Asian … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.24% against the USD and closed at USD16.79 per ounce, following losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.72, with the … Continue reading

Posted in Silver | Comments Off

Gold: Gold trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.0% against the USD and closed at USD1190.80 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1186.10, … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.09% against the USD and closed at USD53.01 per barrel. However, gains in crude prices were kept in check, after data showed a build in US crude … 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 0.7% against the USD and closed at USD17.00 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.95, with the … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal extended its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.69% against the USD and closed at USD1203.00 per ounce, as a rally in global equities dented demand for the precious yellow metal. In the Asian session, at GMT0400, … Continue reading

Posted in Gold | Comments Off

Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.15% against the USD and closed at USD52.96 per barrel, reversing its previous session losses. Separately, the American Petroleum Institute (API) reported that US crude stockpiles rose … 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 0.75% against the USD and closed at USD17.12 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.05, with the silver trading 0.41% lower from … Continue reading

Posted in Silver | Comments Off