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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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Crude Oil: Crude Oil extends its gains in the Asian session
Crude Oil Movement Crude Oil prices advanced 0.08% against the USD for the 24 hour period ending 23:00GMT, closing at 95.83, as supply concerns rose after tensions in a number of major oil producing countries continued to remain on the … Continue reading
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Silver: White metal reverses its gains this morning
Silver Movement Silver prices traded marginally higher against the USD 19.50 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 19.47, with the silver trading … Continue reading
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Gold: Yellow metal trading on a lower footing in the Asian session
Gold Movement Gold prices traded tad higher against the USD in the 24 hour period ending 23:00GMT, at 1287.50 per ounce, as tensions continued between Russia and Ukraine, raising yellow-metal’s appeal as safe-haven. In the Asian session, at GMT0300, the … Continue reading
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Crude Oil: Oil trading above its MA’s
Crude Oil Movement On Friday, Crude Oil prices advanced 1.40% against the USD for the period ending 21:00GMT, closing at 95.88, after data showed that the US consumer sentiment rebounded sharply to a 7-year high in July, thus improving the … Continue reading
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Silver: White metal trading flat in the Asian session
Silver Movement On Friday, Silver prices rose 0.23% to USD 19.51 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 19.505, with the silver trading flat lower from Friday’s close. The … Continue reading
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Gold: Yellow metal trading on a lower footing this morning
Gold Movement On Friday, Gold prices traded lower by 0.21% against the USD in the period ending 21:00GMT, at 1288.00 per ounce, as safe-haven appeal of the yellow metal diminished after encouraging US data, amid a rally in global equity … Continue reading
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Crude Oil: Oil trading above/below its MA’s
Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24 hour period ending 23:00GMT, closing at 94.56, amid supply concerns on the recent developments in Eastern Ukraine. Additionally, encouraging data from the US economy improved the … Continue reading
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Silver: White metal trading on a higher footing this morning
Silver Movement Silver prices rose0.26% to USD 19.48per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.52, 0.28% higher from yesterday’s close. Silver is expected to … Continue reading
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Gold: Yellow metal reverses its gains in the Asian session
Gold Movement Gold prices traded higher by 0.54%against the USD in the 24 hour period ending 23:00GMT, at 1290.70 per ounce as tensions intensified between Ukraine and Russia, offsetting upbeat US economic data. In the Asian session, at GMT0300, Gold … Continue reading
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Crude Oil: Oil reverses its gains in the Asian session
Crude Oil Movement Crude Oil prices declined 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 93.76, despite the Energy Information Administration (EIA) reporting that the US crude oil inventories dropped by 2.1 million barrels to … Continue reading
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Silver: White metal continues its gains this morning
Silver Movement Silver prices rose 0.41% to USD 19.43 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.48, 0.28% higher from yesterday’s close. Silver is expected to find support at … Continue reading
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