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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 reverses its losses in the Asian session
Gold Movement Gold prices traded lower by 1.22% against the USD in the 24 hour period ending 23:00GMT, at 1132.30 per ounce, after the New York Fed President, indicated that the central bank’s first interest rate hike in nearly a … Continue reading
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Crude Oil: Oil trading between its MA’s
Crude Oil Movement On Friday, Crude Oil prices declined 0.29% against the USD for the period ending 21:00GMT, closing at 44.77, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 45.24, with the … Continue reading
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Silver: White metal trading on a stronger footing in the Asian session
Silver Movement On Friday, Silver prices declined 3.32% to USD 14.58 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.05, with the silver trading 3.26% … Continue reading
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Gold: Yellow metal trading higher in the Asian session
Gold Movement On Friday, Gold prices traded lower by 3.71% against the USD in the period ending 21:00GMT, at 1106.70 per ounce, after the US annualized GDP growth was revised higher, thus renewing expectations that the Fed will increase key … Continue reading
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Crude Oil: Oil trading between its MA’s
Crude Oil Movement Crude Oil prices advanced 0.07% against the USD for the 24 hour period ending 23:00GMT, closing at 44.77, rebounding from its previous session losses. In the Asian session, at GMT0300, the pair is trading at 44.98, with … Continue reading
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Silver: White metal trading on a stronger footing in the Asian session
Silver Movement Silver prices declined 1.29% to USD 14.58 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 15.10, with the silver trading 3.6% higher … Continue reading
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Gold: Yellow metal trading higher this morning
Gold Movement Gold prices traded lower by 2.08% against the USD in the 24 hour period ending 23:00GMT, at 1106.70 per ounce, after the Fed Chairwoman, Janet Yellen, reiterated that the US central bank is on track to raise benchmark … Continue reading
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Crude Oil: Oil trading below its MA’s
Crude Oil Movement Crude Oil prices declined 3.62% against the USD for the 24 hour period ending 23:00GMT, closing at 44.77, as manufacturing activity in China slowed down to more than a six-year low in September, thus pointing towards slower … Continue reading
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Silver: White metal trading higher in the Asian session
Silver Movement Silver prices declined 1.22% to USD 14.58 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 14.82, with the silver trading 1.65% higher … Continue reading
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Gold: Yellow metal reverses its losses this morning
Gold Movement Gold prices traded lower by 1.56% against the USD in the 24 hour period ending 23:00GMT, at 1106.70 per ounce, as the greenback strengthened against its peers. Meanwhile, gold holdings in the SPDR Gold Trust, widened to 675.80 … Continue reading
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Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude oil supply data
Crude Oil Movement Crude Oil prices declined 3.24% against the USD for the 24 hour period ending 23:00GMT, closing at 44.77, as the demand outlook for the commodity continued to weigh on oil prices. Oil prices failed to recover, despite … Continue reading
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