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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 losses in Asian session
Silver Movement Silver prices declined 1.33% to USD 20.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.43, 0.2% higher from yesterday’s close. Silver is expected to find support at … Continue reading
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Gold: Yellow metal reverses its losses in the Asian session
Gold Movement Gold prices traded lower by 0.87% against the USD in the 24 hour period ending 23:00GMT, after US labour costs recorded their biggest gain in more than 5-1/2 years in the second quarter boosted the economy’s outlook, which … Continue reading
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Crude Oil: Oil prices reversed its losses in the Asian session
Crude Oil Movement Crude Oil prices declined 1.59% against the USD for the 24 hour period ending 23:00GMT, closing at 99.38. Oil prices fell below the $100 mark, after gasoline supplies continued to rise and following reports that the North … Continue reading
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Silver: White metal converging with its MA’s
Silver Movement Silver prices rose 0.32% to USD 20.66 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.62, 0.22% lower from yesterday’s close. Silver is expected to find support at … Continue reading
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Gold: Yellow metal extends its losses following Fed’s meeting
Gold Movement Gold prices traded lower by 0.27% against the USD in the 24 hour period ending 23:00GMT, at 1295.20 per ounce, after the safe haven appeal of the yellow metal diminished following the Federal Reserve’s upbeat assessment of the … Continue reading
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Crude Oil: Oil prices trading tad higher ahead of the EIA data
Crude Oil Movement Crude Oil prices declined 0.51% against the USD for the 24 hour period ending 23:00GMT, closing at 100.99 as a firm dollar weighed on the demand for commodities as an alternative investment. The oil prices also came … Continue reading
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Silver: White metal trading converging with its MA’s
Silver Movement Silver prices declined 0.17% to USD 20.60 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.61, tad higher from yesterday’s close. Silver is expected to find support at … Continue reading
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Gold: Yellow metal reverses its losses in the Asian session
Gold Movement Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1298.70 per ounce, following a strengthening of the US Dollar. The precious metal also came under pressure from encouraging US economic … Continue reading
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Crude Oil: Oil prices gained ground this morning
Crude Oil Movement Crude Oil prices declined 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 101.51, as excess supplies from North Sea and West Africa and weak demand from Europe and Asia overshadowed fears of … Continue reading
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Silver: White metal reverses its losses in the Asian session
Silver Movement Silver prices declined 0.60% to USD 20.63 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.64 tad higher from yesterday’s close. Silver is expected to find support at … Continue reading
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Gold: Yellow metal trading on a higher footing in the Asian session
Gold Movement Gold prices traded lower by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1304.10 per ounce, amid a stronger US Dollar. However, during the day the yellow metal traded above the ‘1300-mark’, ahead of … Continue reading
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