Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1164.90 per ounce, amid growing speculations that Greece would strike a deal with its creditors. However, losses in gold prices were … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 4.22% against the USD for the 24 hour period ending 23:00GMT, closing at 56.96, after the Energy Information Administration (EIA) disclosed that US crude oil inventories increased for the first time in the … Continue reading

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Silver: White metal reverses its losses in the Asian session

Silver Movement Silver prices declined 0.39% to USD 15.52 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.52, with the silver trading marginally higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement Gold prices traded lower by 0.35% against the USD in the 24 hour period ending 23:00GMT, at 1167.70 per ounce, on the back of upbeat US ISM manufacturing as well as private sector employment data which hit the … 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 2.08% against the USD for the 24 hour period ending 23:00GMT, closing at 59.47, as deadline for Iran’s nuclear deal was extended by a week. On the other hand, the OPEC’s oil production … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement Silver prices declined 0.92% to USD 15.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.60, with the silver trading 0.54% higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal reverses its losses this morning

Gold Movement Gold prices traded lower by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1171.80 per ounce, after reports came in that Greece and its creditors were trying to negotiate a last minute deal, thus … Continue reading

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Crude Oil: Oil extends its losses this morning

Crude Oil Movement Crude Oil prices declined 0.88% against the USD for the 24 hour period ending 23:00GMT, closing at 58.26, as prospects of Greece’s Euro-exit prompted investors to move out of riskier assets. Oil prices further came under pressure, … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement Silver prices declined 1.38% to USD 15.73 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.61, with the silver trading 0.73% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement Gold prices traded lower by 0.56% against the USD in the 24 hour period ending 23:00GMT, at 1179.30 per ounce. However, losses were trimmed, as global equity markets were badly hit on escalating concerns of a Greek debt … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement On Friday, Crude Oil prices declined 0.08% against the USD for the period ending 21:00GMT, closing at 59.62. In the Asian session, at GMT0300, the pair is trading at 58.76, with the oil trading 1.44% lower from … Continue reading

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