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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 reverses its losses in the Asian session
Silver Movement Silver prices declined 1.85% to USD 16.16 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 0.43% higher from yesterday’s close. The pair … Continue reading
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Gold: Yellow metal trading stronger this morning
Gold Movement Gold prices traded lower by 0.67% against the USD in the 24 hour period ending 23:00GMT, at 1194.00 per ounce, amid a broad strength in the greenback coupled with a strong rally in global equity markets. Separately, holdings … Continue reading
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Crude Oil: Oil trading below its MA’s
Crude Oil Movement Crude Oil prices declined 3.69% against the USD for the 24 hour period ending 23:00GMT, closing at 50.92, after the Energy Information Administration (EIA) showed that US crude oil stocks expanded more than double by 10.9 million … Continue reading
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Silver: White metal trading on a weaker footing this morning
Silver Movement Silver prices declined 2.23% to USD 16.46 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.35, with the silver trading 0.67% 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 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1202.10 per ounce, as the FOMC minutes revealed that some of the Fed policymakers wanted the first interest rate hike in … Continue reading
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Crude Oil: Oil trading higher ahead of the EIA’s crude oil data
Crude Oil Movement Crude Oil prices advanced 1.97% against the USD for the 24 hour period ending 23:00GMT, closing at 52.87, despite Saudi Arabia, world’s biggest crude oil exporter increasing its oil production to 10.3 million barrels per day of … Continue reading
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Silver: White metal trading on a weaker footing this morning
Silver Movement Silver prices declined 0.68% to USD 16.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.81, with the silver trading 0.12% 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 lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1209.60 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at … Continue reading
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Crude Oil: Oil trading above its MA’s
Crude Oil Movement Crude Oil prices advanced 4.30% against the USD for the 24 hour period ending 23:00GMT, closing at 51.85, after oversupply threats receded, as traders speculated that it could take several months for Iran to increase its crude … Continue reading
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Silver: White metal trading lower this morning
Silver Movement Silver prices declined 0.41% to USD 16.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.905, with the silver trading 0.27% 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 lower by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1214.70 per ounce. Yesterday, holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, remained unchanged at 737.24 tons. In … Continue reading
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