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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 extends its gains in the Asian session
Silver Movement Silver prices rose 0.43% to USD 17.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.44, with the silver trading 0.29% higher from yesterday’s close. The pair … Continue reading
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Gold: Yellow metal trading on a stronger footing this morning
Gold Movement Gold prices traded higher 0.69% against the USD in the 24 hour period ending 23:00GMT, at 1270.80 per ounce, following disappointing economic data in the US, as the ADP private sector employment increased less than expected. Gold prices … Continue reading
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Crude Oil: Oil trading higher ahead of the EIA’s weekly crude oil data
Crude Oil Movement Crude Oil prices advanced 4.03% against the USD for the 24 hour period ending 23:00GMT, closing at 51.89. Yesterday, the American Petroleum Institute (API) revealed that the US crude oil inventories rose by more than 6 million … Continue reading
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Silver: White metal trading a tad higher this morning
Silver Movement Silver prices rose 0.58% to USD 17.32 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.32, with the silver trading marginally higher from yesterday’s close. The pair … Continue reading
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Gold: Yellow metal trading higher in the Asian session
Gold Movement Gold prices traded lower by 1.02% against the USD in the 24 hour period ending 23:00GMT, at 1262.10 per ounce, extending its previous session losses, following a strong upward trend in the global equity markets. In the Asian … Continue reading
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Crude Oil: Oil trading higher this morning
Crude Oil Movement Crude Oil prices advanced 5.54% against the USD for the 24 hour period ending 23:00GMT, closing at 49.88, extending its previous session high gains. Meanwhile, oil prices were further supported after a report revealed that the demand … Continue reading
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Silver: White metal trading on a weaker footing this morning
Silver Movement Silver prices rose 0.38% to USD 17.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.205, with the silver trading 0.06% lower from yesterday’s close. The pair … Continue reading
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Gold: Yellow metal trading a tad 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 1275.10 per ounce, amid a strong rally in the global equity markets. Separately, gold holdings in the SPDR Gold Trust remained … Continue reading
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Crude Oil: Oil trading above its MA’s
Crude Oil Movement On Friday, Crude Oil prices advanced 6.71% against the USD for the period ending 21:00GMT, closing at 47.58, as concerns of supply disruption rose following renewed violence in Iraq. In the Asian session, at GMT0400, the pair … Continue reading
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Silver: White metal reverses its gains this morning
Silver Movement On Friday, Silver prices rose 1.59% to USD 17.26 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.17, with the silver trading 0.52% … Continue reading
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Gold: Yellow metal trading lower in the Asian session
Gold Movement On Friday, Gold prices traded higher by 1.92% against the USD in the period ending 21:00GMT, at 1283.50 per ounce, rebounding strongly from its previous session losses, following dismal US 4Q GDP data, as the nation’s economy rose … Continue reading
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