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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 weaker footing this morning
Silver Movement Silver prices declined 0.89% to USD 16.12 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.09, with the silver trading 0.16% 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 0.06% higher against the USD in the 24 hour period ending 23:00GMT, at 1186.0 per ounce, following disappointing economic releases from the US. Yesterday, the SPDR Gold trust reported that its gold holdings increased for … Continue reading
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Crude Oil: Oil trading on a weaker footing this morning
Crude Oil Movement On Friday, Crude Oil prices advanced 2.17% against the USD for the period ending 21:00GMT, closing at 75.94, amid rising speculations that the OPEC would be forced to slash its output after prices declined below $80 a … Continue reading
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Silver: White metal reverses its gains in the Asian session
Silver Movement On Friday, Silver prices rose 4.32% to USD 16.31 per ounce during the period ending 21:00GMT, tracking heavy gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.23, with the silver trading … Continue reading
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Gold: Yellow metal trading lower this morning
Gold Movement On Friday Gold prices traded higher by 2.35% against the USD in the period ending 21:00GMT, at 1189.20 per ounce, as the US Treasury yields failed to register gains despite data revealing a better-than-expected US retail sales and … Continue reading
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Crude Oil: Oil trading below its MA’s
Crude Oil Movement Crude Oil prices declined 3.33% against the USD for the 24 hour period ending 23:00GMT, closing at 74.33, amid rising speculations that the Organization of Petroleum Exporting Countries (OPEC) would maintain its current output levels, despite crude … Continue reading
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Silver: White metal trading on a weaker footing this morning
Silver Movement Silver prices traded a tad lower against the USD at 15.63 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.55, with the silver trading 0.51% lower from … Continue reading
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Gold: Yellow metal trading lower in the Asian session
Gold Movement Gold prices traded higher by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1161.90 per ounce, following disappointing economic data from the US, with initial jobless claims climbing to a 6-week high in the … 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 declined 0.83% against the USD for the 24 hour period ending 23:00GMT, closing at 76.89, despite the Organization of Petroleum Exporting Countries (OPEC) in its monthly report showing that its combined production output eased … Continue reading
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Silver: White metal trading on a weaker footing this morning
Silver Movement Silver prices declined 0.45% to USD 15.64 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 15.63, with the silver trading a tad … Continue reading
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Gold: Yellow metal reverses its losses in the Asian session
Gold Movement Gold prices traded lower by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1161.00 per ounce, on the back of a stronger US Dollar. Meanwhile, the SPDR Gold Trust reported that its gold holdings … Continue reading
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