Crude Oil: Oil trading lower ahead of the API’s weekly crude oil data

Crude Oil Movement Crude Oil prices advanced 0.21% against the USD for the 24 hour period ending 23:00GMT, closing at 56.34. Gains in oil prices were kept in check, after Saudi Arabia’s Oil Minister, Ali al-Naimi stated that the nation’s … Continue reading

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

Silver Movement Silver prices declined 2.33% to USD 15.90 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 15.945, with the silver trading 0.31% higher … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement Gold prices traded lower by 0.79% against the USD in the 24 hour period ending 23:00GMT, at 1194.80 per ounce, as a broad strength in the greenback coupled with a rally in the global equity markets decreased the … Continue reading

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Crude Oil: Oil trading above its MA’s

Crude Oil Movement On Friday, Crude Oil prices declined 1.01% against the USD for the period ending 21:00GMT, closing at 56.06, as the active drilling oil rigs in US dropped by 26 units to 734 rigs. In the Asian session, … Continue reading

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Silver: White metal reverses its losses this morning

Silver Movement On Friday, Silver prices declined 0.25% to USD 16.22 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.26, with the silver trading 0.25% higher from Friday’s close. The … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement On Friday, Gold prices traded higher by 0.44% against the USD in the period ending 21:00GMT, at 1203.50 per ounce, on the back of a slump in the global equity markets as concerns increased related to the Greek … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices advanced 1.03% against the USD for the 24 hour period ending 23:00GMT, closing at 56.63, after the Organization of the Petroleum Exporting Countries (OPEC) stated that demand for its crude was expected to improve … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement Silver prices declined 0.31% to USD 16.26 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.22, with the silver trading 0.22% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1198.20 per ounce. Losses in yellow metal were kept in check, following weak initial jobless claims data in the US. Meanwhile, … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement Crude Oil prices advanced 4.71% against the USD for the 24 hour period ending 23:00GMT, closing at 56.05, after the International Energy Agency (IEA) revised upward its demand growth estimate for 2015 by 90,000 barrels a day … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement Silver prices rose 1.05% to USD 16.31 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 16.39, with the silver trading 0.52% higher … Continue reading

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