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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Gold: Yellow metal trading higher this morning
Gold Movement Gold prices traded lower by 0.86% against the USD in the 24 hour period ending 23:00GMT, at 1157.30 per ounce, giving up gains from its previous session, after a hawkish statement by the US Federal Reserve at its … Continue reading
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Crude Oil: Oil trading lower, ahead of the EIA’s weekly crude oil inventory data
Crude Oil Movement Crude Oil prices declined 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 43.38, over persistent concerns of a global oil supply glut. Oil prices remained under pressure, after the American Petroleum Institute … Continue reading
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Silver: White metal reverses its gains in the Asian session
Silver Movement Silver prices rose 0.25% to USD 15.91 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.885, with the silver trading 0.13% lower … Continue reading
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Gold: Yellow metal trading on a stronger footing this morning
Gold Movement Gold prices traded higher by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1167.30 per ounce, as global equity markets stayed muted and investors expressed caution ahead of the Federal Reserve policy statement later … Continue reading
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Crude Oil: Oil trading lower, ahead of the API’s weekly crude oil inventory data
Crude Oil Movement Crude Oil prices declined 1.64% against the USD for the 24 hour period ending 23:00GMT, closing at 43.88, as global supply glut concerns continued to weigh on oil prices. Meanwhile, Executive director of the International Energy Agency … Continue reading
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Silver: White metal trading on a weaker footing in the morning session
Silver Movement Silver prices rose 0.28% to USD 15.87 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.825, with the silver trading 0.25% lower from yesterday’s close. The pair … Continue reading
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Gold: Yellow metal extends its gains in the Asian session
Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1163.60 per ounce, reversing its previous session losses on the back of disappointing US economic data and a weaker greenback. In the … Continue reading
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Crude Oil: Oil trading on a stronger footing this morning
Crude Oil Movement Crude Oil prices declined 1.67% against the USD for the 24 hour period ending 23:00GMT, closing at 44.63, owing to concerns over global oil production. Meanwhile, as per the Baker Hughes weekly rig count report, the number … Continue reading
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Silver: White metal reverses its gains in the Asian session
Silver Movement Silver prices marginally rose to USD 15.85 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.81, with the silver trading 0.25% lower from Friday’s close. The pair … Continue reading
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Gold: Yellow metal trading tad lower in the morning session
Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1164.50 per ounce, amid a broad strength in the greenback and as upbeat US manufacturing data enhanced prospects of an increase … Continue reading
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Crude Oil: Oil trading above its MA’s
Crude Oil Movement Crude Oil prices advanced 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 45.39, albeit global supply glut concerns continue to deepen. In the Asian session, at GMT0300, the pair is trading at … Continue reading
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