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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 higher in the morning session
Silver Movement Silver prices rose 0.26% to USD 19.97 per ounce during the 24 hours ending 23:00GMT, amid broad gains in the prices of industrial metals. In the Asian session, at GMT0400, Silver is trading at 20.01, 0.23% higher from … Continue reading
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Gold: Yellow metal trading higher this morning, following yesterday’s fall
Gold Movement Gold prices traded lower by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1309.79 per ounce, as risk-appetite among traders rose after data showed that consumer confidence in the US came in above market … Continue reading
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Crude Oil: Crude extends its gains in the morning session
Crude Oil Movement Crude Oil prices advanced 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 99.37, after media reports showed that a collision between vessels lead to an oil spill into the Houston Ship Channel … Continue reading
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Silver: White metal trading higher, following yesterday’s fall
Silver Movement Silver prices declined 1.61% to USD 19.92 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, Silver is trading at 20.05, 0.64% higher from yesterday’s close. Silver is … Continue reading
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Gold: Yellow metal reverses its direction the Asian session
Gold Movement Gold prices traded lower by 1.54% against the USD in the 24 hour period ending 23:00GMT, at 1311.37 per ounce, as traders refrained from taking major bets in the precious metal amid fears that a hike in the … Continue reading
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Crude Oil: Crude trading lower following a weak Chinese manufacturing PMI data
Crude Oil Movement On Friday, Crude Oil prices advanced 0.78% against the USD for the period ending 21:00GMT, closing at 99.46, amid a weakness in the US Dollar. Meanwhile, fresh US and European sanctions on Russia weighed on the supply … Continue reading
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Silver: White metal extends its weakness in the morning session
Silver Movement On Friday, Silver prices declined 0.27% to USD 20.30 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 20.23, 0.34% lower from Friday’s close. Silver is expected to find support … Continue reading
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Gold: Yellow metal gives up its Friday’s gains in the Asian session
Gold Movement On Friday Gold prices traded higher by 0.27% against the USD in the period ending 21:00GMT, at 1334.70 per ounce, as a weakness in the US Dollar bolstered the demand-outlook of the dollar-denominated commodity. Meanwhile, a leading broking … Continue reading
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Crude Oil: Crude trading below its MA’s
Crude Oil Movement Crude Oil prices declined 1.70% against the USD for the 24 hour period ending 23:00GMT, closing at 98.69, as lingering concerns on rising US crude stockpiles and a stronger US Dollar weighed on the demand prospect of … Continue reading
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Silver: White metal rebounds from losses in the morning session
Silver Movement Silver prices declined 1.33% to USD 20.35 per ounce during the 24 hours ending 23:00GMT, pressurised by a stronger US Dollar. In the Asian session, at GMT0400, Silver is trading at 20.37, 0.09% higher from yesterday’s close. Silver … Continue reading
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Gold: Yellow metal continues to shine in the Asian trading hours
Gold Movement Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1331.15 per ounce, rebounding from its initial losses, arising from a stronger US Dollar. In the Asian session, at GMT0400, Gold … Continue reading
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