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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 gains in the Asian session
Silver Movement On Friday, Silver prices rose 1.99% to USD 20.79 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.65, 0.65% lower from Friday’s close. Silver is expected to find support … Continue reading
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Gold: Yellow metal starts the week on a lower footing
Gold Movement On Friday Gold prices traded higher by 1.14% against the USD in the period ending 21:00GMT, at 1307.90 per ounce, as the situation in Russia and Ukraine worsened. Over the weekend, the US released satellite images which showed … Continue reading
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Crude Oil: Oil trading below its MA’s
Crude Oil Movement On Friday, Crude Oil prices declined 0.11% against the USD for the period ending 21:00GMT, closing at 101.94, after a sharp decline in the average US price of gasoline offset the supply concerns arising from escalating violence … Continue reading
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Crude Oil: Oil trading below its MA’s
Crude Oil Movement Crude Oil prices declined 1.11% against the USD for the 24 hour period ending 23:00GMT, closing at 102.05, reversing its previous session’s gains triggered by an unexpected sharp decline in US weekly crude stockpiles and an upbeat … Continue reading
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Silver: White metal reverses its losses this morning
Silver Movement Silver prices declined 2.74% to USD20.38 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 20.51, 0.64% higher from yesterday’s close. Silver is expected … Continue reading
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Gold: Yellow metal trading on a slight lower footing in Asian session
Gold Movement Gold prices traded lower by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1293.20 per ounce, and dropped below the $1,300 threshold amid a stronger US Dollar following upbeat economic data from the US. … Continue reading
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Crude Oil: Oil prices trading lower in the Asian session
Crude Oil Movement Crude Oil prices advanced 1.30% against the USD for the 24 hour period ending 23:00GMT, closing at 103.20, after US Energy Information Administration reported that crude oil stockpiles unexpectedly shrank for the fourth consecutive week by 4 … Continue reading
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Silver: White metal trading below its MA’s
Silver Movement Silver prices declined 0.24% to USD 20.96 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.85, 0.52% lower 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 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1304.60 per ounce, after safe haven appeal of the yellow metal diminished following a rally in global equities. Meanwhile, waning physical … Continue reading
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Crude Oil: Oil trading higher ahead of the EIA data
Crude Oil Movement Crude Oil prices declined 2.65% against the USD for the 24 hour period ending 23:00GMT, closing at 101.88, amid reports that oil supplies were not affected much due to the continuous violence in Iraq, Ukraine and Gaza. … Continue reading
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Silver: White metal converging with its MA’s
Silver Movement Silver prices rose 0.24% to USD 21.01 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.99, 0.07% lower from yesterday’s close. Silver is expected to find support at … Continue reading
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