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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 lower in the Asian session
Silver Movement Silver prices rose/declined 0.34% to USD 17.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.355, with silver trading 0.17% lower from yesterday’s close. The pair is … Continue reading
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Gold: Yellow metal extends its losses this morning
Gold Movement Gold prices traded lower by 0.15% against the USD in the 24 hour period ending 23:00GMT, at 1238.90 per ounce, following encouraging economic data from the US, thereby easing fears over the US economic outlook. In the Asian … Continue reading
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Crude Oil: Oil trading higher, ahead of the weekly crude oil supply data from the EIA
Crude Oil Movement Crude Oil prices declined 1.98% against the USD for the 24 hour period ending 23:00GMT, closing at 80.71, after the American Petroleum Institute (API) reported that the US crude oil inventories rose by 10 million barrels to … Continue reading
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Silver: White metal reverses its gains this morning
Silver Movement Silver prices rose 0.52% to USD 17.45 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.435, with the silver trading 0.06% lower … Continue reading
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Gold: Yellow metal trading lower in the Asian session
Gold Movement Gold prices traded higher by 0.80% against the USD in the 24 hour period ending 23:00GMT, at 1240.70 per ounce, following disappointing economic releases from the US, thereby increasing yellow metal’s appeal. Meanwhile, gold prices continued to remain … Continue reading
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Crude Oil: Oil trading below its MA’s
Crude Oil Movement Crude Oil prices declined 3.11% against the USD for the 24 hour period ending 23:00GMT, closing at 82.34, after the International Energy Agency (IEA) trimmed its oil demand forecast for 2015, for the fourth consecutive month, citing … Continue reading
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Silver: White metal trading on a weaker footing this morning
Silver Movement Silver prices declined 0.72% to USD 17.36 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.245, with the silver trading 0.63% lower … Continue reading
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Gold: Yellow metal extends its losses in the Asian session
Gold Movement Gold prices traded lower by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1230.90 per ounce, reversing its previous session losses. However, gold prices continued to be close to four-week highs and above its … Continue reading
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Crude Oil: Oil trading higher ahead of China’s CPI data
Crude Oil Movement Crude Oil prices advanced 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 84.98. Crude prices continued to remain below its crucial $90 per barrel after Middle East producers hinted that they would … Continue reading
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Silver: White metal trading flat in the Asian session
Silver Movement Silver prices traded marginally lower at USD 17.48 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.48, with the silver trading flat from yesterday’s close. The pair … Continue reading
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Gold: Yellow metal trading lower this morning
Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1235.60 per ounce, on global economic growth concerns as well as uncertainty over when the Fed would raise its benchmark interest … Continue reading
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