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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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Gold: Yellow metal trading higher in the Asian session
Gold Movement Gold prices traded higher by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1283.80 per ounce, after Ukraine accused Russia of launching a new military incursion across its Eastern border, thus increasing the metal’s … Continue reading
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Crude Oil: Oil trading higher, ahead of the weekly crude-oil stocks data from the EIA
Crude Oil Movement Crude Oil prices advanced 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 93.84, as strong durable goods data and consumer confidence from the US boosted economic optimism in the world’s largest consumer … Continue reading
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Silver: White metal extends its gain in the Asian session
Silver Movement Silver prices traded marginally higher to USD 19.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.39, 0.23% higher from yesterday’s close. Silver is expected to find support … Continue reading
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Gold: Yellow metal trading on a higher footing this morning
Gold Movement Gold prices traded higher by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1281.30 per ounce, despite the US registering encouraging durable goods and consumer confidence data. In the Asian session, at GMT0300, Gold … Continue reading
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Crude Oil: Oil trading higher, ahead of the weekly crude-oil stocks data from the API
Crude Oil Movement Crude Oil prices traded flat against the USD for the 24 hour period ending 23:00GMT, closing at 93.41. However, during the day oil prices came under pressure as geopolitical tensions escalated in the Middle East and Ukraine. … Continue reading
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Silver: White metal reverses its losses this morning
Silver Movement Silver prices declined 0.36% to USD 19.34 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.38, 0.18% higher from yesterday’s close. Silver is … Continue reading
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Gold: Yellow metal rebounds from its losses in the Asian session
Gold Movement Gold prices traded lower by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1276.90 per ounce, as appetite for the precious metal waned following a rally in the equity markets. In the Asian session, … Continue reading
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Crude Oil: Oil continues its gain in the Asian session
Crude Oil Movement Crude Oil prices advanced 0.30% against the USD for the 24 hour period ending 23:00GMT, closing at 93.84, as upbeat economic data from the US more than offset China’s weak factory output and dismal Euro-zone macroeconomic data. … Continue reading
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Silver: White metal trading on a higher footing in the Asian session
Silver Movement Silver prices declined 0.15% to USD 19.43 per ounce during the 24 hours ending 23:00GMT, tracking losses in the gold prices. In the Asian session, at GMT0300, Silver is trading at 19.45, 0.13% higher from yesterday’s close. Silver … Continue reading
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Gold: Yellow metal reverses its losses this morning
Gold Movement Gold prices traded lower by 1.05% against the USD in the 24 hour period ending 23:00GMT, at 1277.70 per ounce, as a larger than expected drop in the first time US jobless claims and a string of upbeat … Continue reading
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Crude Oil: Oil continues its losses in the Asian session
Crude Oil Movement Crude Oil prices declined 1.36% against the USD for the 24 hour period ending 23:00GMT, closing at 93.56, despite the Energy Information Administration (EIA) reporting a more-than-expected drop of 4.5 million barrels for the week ended August … Continue reading
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