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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 reverses its gain in the Asian session
Silver Movement Silver prices rose 0.13% to USD 19.46 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.42, 0.18% lower from yesterday’s close. Silver is expected to find support at … Continue reading
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Gold: Yellow metal continues its losses in the Asian session, after China reported a fall in manufacturing activity
Gold Movement Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1291.30 per ounce, as minutes from the Fed’s recent meeting indicated that it could raise interest rates sooner than expected. Meanwhile, … Continue reading
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Crude Oil: Oil trading higher ahead of crude-oil supplies data by EIA
Crude Oil Movement Crude Oil prices declined 1.91% against the USD for the 24 hour period ending 23:00GMT, closing at 94.85, geopolitical tensions in Ukraine, Iraq and Libya faded. Meanwhile, the US President Barack Obama stated that the US army … Continue reading
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Silver: White metal trading higher this morning
Silver Movement Silver prices declined 0.89% to USD 19.43 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.47, 0.21% higher from yesterday’s close. Silver is … Continue reading
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Gold: Yellow metal continues with its losses in the Asian session, ahead of FOMC minutes
Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1296.60 per ounce, as encouraging housing and consumer inflation data raised expectations of a interest rate hike by Fed. In the … Continue reading
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Crude Oil: Oil trading above its MA’s
Crude Oil Movement Crude Oil prices declined 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 96.70, as conflict in Ukraine and Iraq eased. In the Asian session, at GMT0300, Crude Oil is trading at 96.79, … Continue reading
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Silver: White metal trading higher this morning
Silver Movement Silver prices rose 0.41% to USD 19.61 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.66, 0.26% higher from yesterday’s close. Silver is expected to find support at … 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 1298.80 per ounce, after upbeat US housing data and worries of conflict/violence near the Ukraine-Russia border diminished. In the Asian session, … Continue reading
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Crude Oil: Oil trading above its MA’s
Crude Oil Movement On Friday, Crude Oil prices advanced 1.31% against the USD for the period ending 21:00GMT, closing at 96.82 as geopolitical tensions escalated after news emerged that the Ukrainian troops attacked and destroyed a Russian armoury vehicle that … Continue reading
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Silver: White metal continues with its losses this morning
Silver Movement On Friday, Silver prices declined 1.74% to USD 19.53 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.55, 0.1% higher from Friday’s close. Silver … Continue reading
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Gold: Yellow metal trading lower in the Asian session
Gold Movement On Friday, Gold prices traded lower by 0.78% against the USD in the period ending 21:00GMT, at 1303.80 per ounce, on the back of strong economic releases from the US. In the Asian session, at GMT0300, Gold is … Continue reading
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