Crude Oil: Oil trading above its MA’s

Crude Oil Movement On Friday, Crude Oil prices advanced 1.61% against the USD for the period ending 21:00GMT, closing at 58.83. The OPEC as expected, at its meeting in Vienna, decided to keep its production target unchanged at 30 million … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement On Friday, Silver prices declined 0.37% to USD 16.04 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.07, with the silver trading 0.22% … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement On Friday, Gold prices traded lower by 0.45% against the USD in the period ending 21:00GMT, at 1170.90 per ounce, as a stronger than expected US non-farm payroll-figure in May dented the demand for the safe-haven yellow metal. … Continue reading

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Crude Oil: Oil trading above its MA’s

Crude Oil Movement On Friday, Crude Oil prices advanced 1.61% against the USD for the period ending 21:00GMT, closing at 58.83. The OPEC as expected, at its meeting in Vienna, decided to keep its production target unchanged at 30 million … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement On Friday, Silver prices declined 0.37% to USD 16.04 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.07, with the silver trading 0.22% … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement On Friday, Gold prices traded lower by 0.45% against the USD in the period ending 21:00GMT, at 1170.90 per ounce, as a stronger than expected US non-farm payroll-figure in May dented the demand for the safe-haven yellow metal. … Continue reading

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Crude Oil: Oil trading higher ahead of the OPEC’s meeting

Crude Oil Movement Crude Oil prices declined 2.97% against the USD for the 24 hour period ending 23:00GMT, closing at 57.90, amid expectations that OPEC will refrain from announcing a cut in its production output, at its meeting in Vienna … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement Silver prices declined 2.13% to USD 16.10 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.15, with silver trading 0.31% higher from yesterday’s close. The pair is … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 0.76% against the USD in the 24 hour period ending 23:00GMT, at 1176.20 per ounce, after US initial jobless claims rose less than expected, thus raising expectations that the Fed’s interest rate hike … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 2.02% against the USD for the 24 hour period ending 23:00GMT, closing at 59.67, as it is widely expected that the OPEC will maintain its current levels of production, despite global supply glut … Continue reading

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Silver: White metal trading on a higher footing in the Asian session

Silver Movement Silver prices declined 1.94% to USD 16.45 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 16.46, with the silver trading 0.09% higher … Continue reading

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