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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 rise on improved Chinese manufacturing activity
Silver Movement Silver prices rose 3.69% to the USD24.12 per ounce during the 24 hours ending 23:00GMT, on increased off-take by industrial units and firming global trend after China’s manufacturing sector marked an improvement for August. In the Asian session, … Continue reading
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Gold: Yellow metal trading higher in the Asian session
Gold Movement Gold prices traded higher by 0.65% against the USD in the 24 hour period ending 23:00GMT, at 1391.95 per ounce. In the Asian session, at GMT0300, Gold is trading at 1393.68, 0.12% higher from yesterday’s close. Earlier, gold … Continue reading
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Silver: White metal trading higher in the Asian session
Silver Movement On Friday, Silver prices declined 1.17% to the USD23.51 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.82, 1.34% higher from Friday’s close. Silver is expected to find support … Continue reading
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Crude Oil: Oil declines as fears of Syria attack faded
Crude Oil Movement On Friday, Crude Oil prices advanced 0.57% against the USD for the period ending 21:00GMT, closing at 107.67. In the Asian session, at GMT0300, Crude Oil is trading at 105.99, 1.56% lower from Friday’s close, as US … Continue reading
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Gold: Yellow metal retreats amid delay in possible US strike on Syria
Gold Movement On Friday Gold prices traded lower by 0.65% against the USD in the period ending 21:00GMT, at 1395.41 per ounce, as the greenback strengthened on positive US consumer sentiment data. In the Asian session, at GMT0300, Gold is … Continue reading
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Crude Oil: Oil ended lower yesterday as fears over Syria eased, witnessing gains in the Asian session
Crude Oil Movement Crude Oil prices declined 2.39% against the USD for the 24 hour period ending 23:00GMT, closing at 107.06, as fears of imminent military attack on Syria abated, thus easing concerns of supply disruptions from the Middle East. … Continue reading
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Silver: Waning Syrian worries pushed white metal lower, trading higher this morning
Silver Movement Silver prices fell 2.36% to the USD23.79 per ounce during the 24 hours ending 23:00GMT, amid a broad fall in precious metals, following easing Syrian tensions and better than expected US macroeconomic data. In the Asian session, at … Continue reading
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Gold: Gold reversed gains as Syrian tensions ebbed
Gold Movement Gold prices traded lower by 0.91% against the USD in the 24 hour period ending 23:00GMT, at 1404.60 per ounce, as the precious metal lost its safe haven appeal, after concerns over military attack by the US on … Continue reading
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Crude Oil: Oil prices backpedals after the recent string of record highs
Crude Oil Movement Crude Oil prices declined slightly against the USD for the 24 hour period ending 23:00GMT, closing at 109.68. However, prices continue to remain supported broadly, amid ongoing concerns over events in Syria. Yesterday, the Energy Information Administration … Continue reading
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Silver: Silver retreated after its recent sharp surge
Silver Movement Silver prices dropped 0.87% to the US24.36 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 24.13, 0.95% lower from yesterday’s close. Silver is expected to find support at … Continue reading
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Gold: Gold continues to trade above the $1400 level, despite witnessing losses in Asian session
Gold Movement Gold prices traded lower marginally against the USD in the 24 hour period ending 23:00GMT, at 1417.43 per ounce, as a stronger greenback curbed demand of gold as alternative investment. Also a recent surge in yellow metal prices, … Continue reading
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