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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 losses this morning
Silver Movement Silver prices declined 0.39% to USD 16.44 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.36, with the silver trading 0.46% lower … Continue reading
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Gold: Yellow metal trading on a stronger footing in the Asian session
Gold Movement Gold prices traded lower by 1.32% against the USD in the 24 hour period ending 23:00GMT, at 1196.20 per ounce, amid a broad strength in the greenback, thus decreasing the yellow-metal’s demand. Additionally, gold prices came under further … Continue reading
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Crude Oil: Oil trading lower ahead of the weekly crude oil data from the API
Crude Oil Movement Crude Oil prices advanced 4.74% against the USD for the 24 hour period ending 23:00GMT, closing at 69.23, rebounding from its previous session heavy losses as weakness in the dollar increased the demand for alternative investments. In … Continue reading
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Silver: White metal trading lower this morning
Silver Movement Silver prices rose 7.21% to USD 16.50 per ounce during the 24 hours ending 23:00GMT, tracking heavy gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.31, with the silver trading 1.12% … Continue reading
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Gold: Yellow metal trading on a weaker footing in the Asian session
Gold Movement Gold prices traded higher by 5.11% against the USD in the 24 hour period ending 23:00GMT, at 1212.20 per ounce, registering its highest 1-day gain since 2013, amid a broad weakening in the greenback. The safe haven appeal … Continue reading
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Crude Oil: Oil trading below its MA’s
Crude Oil Movement On Friday, Crude Oil prices declined 3.97% against the USD for the period ending 21:00GMT, closing at 66.10, extending its previous session losses, after the OPEC refrained from cutting its production output in its meeting on November … Continue reading
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Silver: White metal trading lower in the Asian session
Silver Movement On Friday, Silver declined 5.12% to USD 15.39 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, the pair is trading at 14.93, with the silver trading 2.96% lower from Friday’s close. The pair … Continue reading
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Gold: Yellow metal extends its losses in the Asian session
Gold Movement On Friday, Gold prices traded lower by 2.90% against the USD in the period ending 21:00GMT, at 1153.30 per ounce, amid a broad strength in the greenback. Meanwhile, in a surprise move, India lifted its restrictions on gold … Continue reading
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Crude Oil: The OPEC stands firm, kept output target intact
Crude Oil Movement Crude Oil prices declined 6.35% against the USD for the 24 hour period ending 23:00GMT, closing at 68.83, marking its lowest level in 4 years, after the OPEC, in its meeting in Vienna, opted to keep its … Continue reading
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Silver: White metal extends its losses in the Asian session
Silver Movement Silver prices declined 1.55% to USD 16.22 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.08, with the silver trading 0.86% lower … Continue reading
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Gold: Yellow metal trading on a weaker footing this morning
Gold Movement Gold prices traded lower by 0.69% against the USD in the 24 hour period ending 23:00GMT, at 1187.70 per ounce, amid a broad strength in the greenback. Meanwhile, investors anxiously await the outcome of the upcoming Swiss referendum … Continue reading
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