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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 extends its gains in the Asian session
Gold Movement Gold prices traded higher 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1167.70 per ounce. Gold prices were buoyed as poor Chinese trade data weighed on the global stock market and as expectations rose … Continue reading
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Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventory data
Crude Oil Movement Crude Oil prices declined 4.42% against the USD for the 24 hour period ending 23:00GMT, closing at 47.62, after the Organization of the Petroleum Exporting Countries (OPEC) announced that its crude output rose to a more-than-three-year-high in … Continue reading
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Silver: White metal trading on a weaker footing in the Asian session
Silver Movement Silver prices rose 0.28% to USD 15.85 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 15.705, with the silver trading 0.88% lower … Continue reading
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Gold: Yellow metal reverses its gains in the Asian session
Gold Movement Gold prices traded higher by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1163.40 per ounce, after expectations that the US Federal Reserve will delay its decision to raise interest rates this year resurfaced, … Continue reading
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Crude Oil: Oil trading higher this morning
Crude Oil Movement Crude Oil prices declined 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 49.52. Oil prices found support, after the Baker Hughes weekly rig count report stated that the number of working US … Continue reading
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Silver: White metal trading tad lower in the Asian session
Silver Movement Silver prices rose 0.89% to USD 15.82 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 15.815, with the silver trading marginally lower … Continue reading
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Gold: Yellow metal extends its gains in the Asian session
Gold Movement Gold prices traded higher by 1.55% against the USD in the 24 hour period ending 23:00GMT, at 1156.50 per ounce, after the release of dovish FOMC minutesfrom its recent monetary policy meeting renewed expectation that the Fed’s decision … Continue reading
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Crude Oil: Oil trading on a stronger footing this morning
Crude Oil Movement Crude Oil prices rose 2.67% against the USD for the 24 hour period ending 23:00GMT, closing at 49.61 led by resilience in Chinese equity markets and as news emerging about Russia’s military operations in Syria, which in … Continue reading
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Silver: White metal trading flat this morning
Silver Movement Silver prices declined 2.37% to USD 15.68 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.68, with the silver trading flat from … Continue reading
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Gold: Yellow metal reverses its losses in the Asian session
Gold Movement Gold prices traded lower by 0.57% against the USD in the 24 hour period ending 23:00GMT, at 1138.90 per ounce, amid a broad rally in global equity markets and after the release of the FOMC minutes, wherein … Continue reading
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Gold: Yellow metal reverses its losses in the Asian session
Gold Movement Gold prices traded lower by 1.26% against the USD in the 24 hour period ending 23:00GMT, at 1132.30 per ounce, amid a broad rally in global equity markets However, losses in gold prices were capped, with investors continuing … Continue reading
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