Gold: Yellow metal trading lower in the Asian session

Gold Movement On Friday, Gold prices traded lower by 0.61% against the USD in the period ending 21:00GMT, at 1197.60 per ounce, after the Fed Chairperson, Janet Yellen indicated that the US Fed would increase its interest rates in 2015. … Continue reading

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Crude Oil: Oil trading between its MA’s

Crude Oil Movement Crude Oil prices advanced 4.56% against the USD for the 24 hour period ending 23:00GMT, closing at 51.12 and extending its previous session gains on the back of rising fears that escalation of battle between Yemeni rebels … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices rose 0.86% to USD 17.10 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.05, with the silver trading 0.26% lower … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded higher by 0.77% against the USD in the 24 hour period ending 23:00GMT, at 1205.00 per ounce, as a decline in the global equity markets due to increased tension in the Middle East spurred investors … Continue reading

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Crude Oil: Oil trading above its MA’s

Crude Oil Movement Crude Oil prices advanced 2.80% against the USD for the 24 hour period ending 23:00GMT, closing at 48.89, as geopolitical tensions escalated between Yemeni rebels and Saudi Arabia, the world’s biggest exporter of oil. Gains in oil … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement Silver prices rose 0.06% to USD 16.95 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.98, with the silver trading 0.18% higher … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1195.80 per ounce, after most global equity markets declined. Gold prices were also supported, on the back of weak US durable … Continue reading

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Crude Oil: Strong economic data from the US and the Euro-zone pushed oil prices higher in the New York session

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.25% and closed at 47.56, as the demand outlook of the commodity rose after the preliminary reading of the manufacturing activity data from most parts of … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.24% against the USD and closed at 16.94. In the Asian session, at GMT0300, the pair is trading at 16.90, with the silver trading 0.24% lower from yesterday’s … Continue reading

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Gold: Upbeat economic outlook of the US drive prices of yellow metal lower this morning

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 0.24% against the US Dollar and closed at 1191.80. However, gains were limited after prospects for an interest rate hike in the US increased after consumer prices in … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement Crude Oil prices advanced 2.82% against the USD for the 24 hour period ending 23:00GMT, closing at 47.44, boosted by a falling US Dollar, despite the market already facing a supply glut. In the Asian session, at … Continue reading

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