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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 trading on a higher ground in the Asian session
Silver Movement Silver prices rose 2.35% to USD 16.15 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 16.20, with the silver trading 0.34% higher … Continue reading
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Gold: Yellow metal extends its gains this morning
Gold Movement Gold prices traded higher by 1.27% against the USD in the 24 hour period ending 23:00GMT, at 1203.10 per ounce, reversing its previous session losses amid a slump in global equity markets due to concerns over the Greek … Continue reading
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Crude Oil: Oil trading below its MA’s
Crude Oil Movement On Friday, Crude Oil prices declined 2.05% against the USD for the period ending 21:00GMT, closing at 52.65, hitting a 5.5 year low due to concerns of slowing demand of the commodity coupled with global supply glut. … Continue reading
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Silver: White metal reverses its losses this morning
Silver Movement On Friday, Silver prices declined 0.82% to USD 15.71 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.95, with the silver trading 1.59% … Continue reading
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Gold: Yellow metal trading higher in the Asian session
Gold Movement On Friday, Gold prices traded lower by 0.08% against the USD in the period ending 21:00GMT, at 1184.40 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at … Continue reading
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Crude Oil: Weekly US crude oil stockpiles fell last week, EIA
Crude Oil Movement Crude Oil prices advanced 0.90% against the USD for the 24 hour period ending 23:00GMT, closing at 53.75, after the EIA in its weekly report indicated that crude oil inventories in the US slid 1.75 million barrels … Continue reading
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Silver: White metal trading on a lower footing this morning
Silver Movement Silver prices rose 1.51% to USD 15.84 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session at 4:00GMT, silver is trading at USD 15.83 per ounce, tad lower from 23:00GMT. … Continue reading
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Gold: Yellow metal extends its gains in the Asian session
Gold Movement Gold prices traded higher by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1185.40 per ounce, as the USD lost ground after data released on Wednesday indicated that initial jobless claims data from the … Continue reading
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Crude Oil: US crude oil inventories continue to rise, API
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.35% against the USD and closed at 53.82, after official data revealed that oil output from Libya had declined below 300,000 barrels a day, the lowest level … Continue reading
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Silver: White metal trading above its MAs
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.62% against the USD and closed at 16.24. The US Mint indicated that the purchase of silver coins rose to a record high of 44 million ounces this year. … Continue reading
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Gold: Yellow metal extends its gains in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.39% against the USD and closed at 1199.90, as a broad decline in global equity markets and the greenback enhanced the demand outlook of the yellow metal. The US … Continue reading
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