Crude Oil: Crude extends its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil prices rose 1.68% against the USD and closed at USD53.76 per barrel yesterday, after the American Petroleum Institute reported that crude oil inventories surprisingly declined by 4.27 million … Continue reading

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Silver: White metal extends its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.21% against the USD and closed at USD17.50 per ounce yesterday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.40, with … Continue reading

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Gold: Yellow metal extends its losses in the Asian session, ahead of Fed’s interest rate decision

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.89% against the USD and closed at USD1572.00 per ounce yesterday, as investors looked forward to the US Federal Reserve’s interest rate decision. In the Asian session, at GMT0400, … Continue reading

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Crude Oil: Oil holds steady in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.45% against the USD and closed at USD52.87 per barrel yesterday, amid rising concerns about global crude oil demand, as the death toll from China’s coronavirus rapidly … Continue reading

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Silver: White metal trading weaker in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.25% against the USD and closed at USD18.08 per ounce. In the Asian session, at GMT0400, the pair is trading at 18.05, with silver trading 0.14% lower against the … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.62% against the USD and closed at USD1587.40 per ounce, as mounting concerns over the economic fallout of the coronavirus outbreak bolstered demand for the safe haven asset. In … Continue reading

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Crude Oil: Oil extends its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.72% against the USD and closed at USD54.29 per barrel on Friday, amid rising concerns that China’s coronavirus might spread to other countries, thus curbing travel and … Continue reading

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Silver: White metal trading higher in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.83% against the USD and closed at USD18.12 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.21, … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.70% against the USD and closed at USD1578.80 per ounce on Friday, as rising concerns over the spread of the coronavirus outbreak in China and its potential economic impact … Continue reading

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Crude Oil: Oil trading lower ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.64% against the USD and closed at USD55.81 per barrel, amid speculation that China’s virus could lower fuel demand. Meanwhile, the Energy Information Administration (EIA) reported that … Continue reading

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Silver: White metal trading flat in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.28% against the USD and closed at USD17.80 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.80, with silver … Continue reading

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