Gold: Yellow metal reverses its losses in the Asian session

Gold Movement On Friday, Gold prices traded lower by 0.34% against the USD in the period ending 21:00GMT, at 1218.50 per ounce, as upbeat US GDP data raised speculations that the Fed would hike its interest rates sooner than expected. … Continue reading

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Crude Oil: Oil trading between its MA’s

Crude Oil Movement Crude Oil prices declined 0.44% against the USD for the 24 hour period ending 23:00GMT, closing at 92.48, despite rising geopolitical tensions in the Middle East. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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Silver: White-metal trading higher this morning

Silver Movement Silver prices declined 0.96% to USD 17.51 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.615, with the silver trading 0.6% higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow-metal extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1222.70 per ounce, following lukewarm economic releases from the US. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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Crude Oil: Oil trading above its MA’s

Crude Oil Movement Crude Oil prices advanced 1.38% against the USD for the 24 hour period ending 23:00GMT, closing at 92.89, after the Energy Information Administration (EIA) reported that the US crude inventories fell by 4.3 million barrels in the … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices declined 0.37% to USD 17.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.575, with the silver trading 0.59% 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 lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1216.90 per ounce, amid a stronger greenback after the new home sales in the US rose to its highest level in … Continue reading

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Crude Oil: Oil trading lower, ahead of the weekly crude oil supply data from the EIA

Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24 hour period ending 23:00GMT, closing at 91.63, after the American Institute of Petroleum (API) reported that the US crude oil stocks dropped 6.5 million barrel in … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices rose 0.20% to USD 17.75 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 17.72, with the silver trading 0.14% lower … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.63% against the USD in the 24 hour period ending 23:00GMT, at 1222.80 per ounce, as geopolitical tensions resurfaced amid reports of fresh airstrikes led by the US in Syria, thereby raising yellow … Continue reading

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Crude Oil: Oil trading higher, after upbeat China September PMI figures

Crude Oil Movement Crude Oil prices declined 1.68% against the USD for the 24 hour period ending 23:00GMT, closing at 90.86, as demand growth concerns raised after downbeat economic data from the US and following ECB President’s statement that the … Continue reading

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