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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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Silver: White metal trading on a stronger footing this morning
Silver Movement Silver prices declined 0.40% to USD 14.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.79, with the silver trading 0.2% higher from yesterday’s close. The pair … Continue reading
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Crude Oil: Oil prices trading below its MA’s
Crude Oil Movement Crude Oil prices declined 2.67% against the USD for the 24 hour period ending 23:00GMT, closing at 49.23, on renewed concerns over build-up in oil inventories, after the Energy Information Administration (EIA) revealed that US crude oil … Continue reading
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Gold: Yellow metal trading higher in the Asian session
Gold Movement Gold prices traded lower by 0.72% against the USD in the 24 hour period ending 23:00GMT, at 1093.70 per ounce, as a broad strength in the greenback on the back of upbeat housing data, which bolstered the case … Continue reading
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Crude Oil: Oil trading lower ahead of the EIA’s weekly crude oil data
Crude Oil Movement Crude Oil prices advanced 1.16% against the USD for the 24 hour period ending 23:00GMT, closing at 50.58. However, the commodity pared most of its gains, after the American Petroleum Institute (API) disclosed that US crude oil … Continue reading
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Silver: White metal reverses its gains this morning
Silver Movement Silver prices rose 1.23% to USD 14.82 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.68, with the silver trading 0.94% lower from yesterday’s close. The pair … Continue reading
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Gold: Yellow metal trading lower in the Asian session
Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1101.60 per ounce, rebounding from its earlier session losses, as the greenback weakened against its major peers. Meanwhile, gold holdings of … Continue reading
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Crude Oil: Oil prices trading below its MA’s
Crude Oil Movement Crude Oil prices declined 1.69% against the USD for the 24 hour period ending 23:00GMT, closing at 50.00, amid a broad strength in the greenback which continued to hit the dollar-denominated commodity. Oil prices remained under pressure, owing … Continue reading
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Silver: White metal trading on a stronger footing this morning
Silver Movement Silver prices declined 1.25% to USD 14.64 per ounce during the 24 hours ending 23:00GMT, tracking heavy losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.73, with the silver trading 0.61% … Continue reading
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Gold: Yellow metal trading higher in the Asian session
Gold Movement Gold prices traded lower by 2.95% against the USD in the 24 hour period ending 23:00GMT, at 1097.50 per ounce, extending its previous session losses, following last week’s comment from the Fed Chief, Janet Yellen, about an interest … Continue reading
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Crude Oil: Oil trading lower in the Asian session
Crude Oil Movement On Friday, Crude Oil prices declined 0.43% against the USD for the period ending 21:00GMT, closing at 50.80, on continued fears of an oversupply, once Iran ramps up its production and starts shipping it to the global … Continue reading
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Silver: White metal extends its losses this morning
Silver Movement On Friday, Silver prices declined 0.77% to USD 14.86 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.57, with the silver trading 1.88% … Continue reading
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