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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 continues to trade lower in the morning session
Silver Movement Silver prices declined 0.62% to USD 19.62 per ounce during the 24 hours ending 23:00GMT, tracking losses in the prices of gold. In the Asian session, at GMT0300, Silver is trading at 19.57, 0.25% lower from yesterday’s close. … Continue reading
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Gold: Yellow metal extends its losses in the Asian session
Gold Movement Gold prices traded lower by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1296.50 per ounce, as strong US pending home sales and Dallas Fed manufacturing data bolstered the recovery prospect of the US … Continue reading
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Crude Oil: Crude trading higher this morning, following Friday’s drop
Crude Oil Movement On Friday, Crude Oil prices declined 1.26% against the USD for the period ending 21:00GMT, closing at 100.60, on profit-taking and amid lingering concerns over US crude stockpiles gain. However, losses in the commodity were kept in … Continue reading
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Silver: White metal trading higher in the Asian session
Silver Movement On Friday, Silver prices declined marginally to USD 19.69 per ounce during the period ending 20:00GMT. However, earlier during the day, silver traded higher as growing turmoil in Ukraine spurred demand for safe-haven assets. In the Asian session, … Continue reading
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Gold: Precious metal extends its gains on strong safe-haven demand
Gold Movement On Friday Gold prices traded higher by 0.89% against the USD in the period ending 20:00GMT, at 1303.20 per ounce, as escalating concerns over Ukraine crisis and a broad decline in the US equity markets bolstered the safe-haven … Continue reading
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Crude Oil: Crude extends its gains in the morning trading hours
Crude Oil Movement Crude Oil prices advanced 0.29% against the USD for the 24 hour period ending 23:00GMT, closing at 101.87, as growing tensions between Russia and Ukraine raised concerns on the supply outlook of the commodity from the region. … Continue reading
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Silver: White metal reverses its direction in the morning session
Silver Movement Silver prices rose 1.21% to USD 19.68 per ounce during the 24 hours ending 23:00GMT, amid strong demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.56, 0.63% lower from yesterday’s close. Silver … Continue reading
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Gold: Precious metal continues to trade higher in the Asian session
Gold Movement Gold prices traded higher by 0.60% against the USD in the 24 hour period ending 23:00GMT, at 1291.72 per ounce, as escalating tensions between Russia and Ukraine spurred demand for safe-haven assets. However, a rally in world equity … Continue reading
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Crude Oil: US crude supplies advanced to the highest level in 83 years last week, indicated EIA
Crude Oil Movement Crude Oil prices declined 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 101.58, after the Energy Information Administration (EIA) reported that US crude inventories rose by 3.5 million barrels to 397.6 million … Continue reading
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Silver: Silver trading higher in the Asian session
Silver Movement Silver prices rose marginally to USD 19.45 per ounce during the 24 hours ending 23:00GMT, amid strong preference for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.48, 0.15% higher from yesterday’s close. Silver … Continue reading
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Gold: Yellow metal trading higher amid strong demand for safe-haven assets
Gold Movement Gold prices traded lower by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1284.09 per ounce. However, earlier during the day, gold prices rose as ongoing tensions in Ukraine refused to subside and soft … Continue reading
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