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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: Silver trading lower this morning, after yesterday’s rise
Silver prices rose 0.52% to the USD19.88 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.65, 1.16% lower from yesterday’s close. Silver is expected to find support at 19.33, … Continue reading
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Gold: Gold showing convergence with its MA’s
Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1326.14 per ounce. In the Asian session, at GMT0300, Gold is trading at 1322.26, 0.29% lower from yesterday’s close, after the Federal … Continue reading
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Crude Oil: Crude Oil ended lower on demand concerns, trading higher this morning
Crude Oil prices declined 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 103.12, as discouraging consumer confidence data from the US and worries over a slowdown in China faded energy-demand outlook. Late yesterday, the American … Continue reading
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Silver: Silver snaps yesterday’s losses this morning
Silver prices dropped 0.16% to the USD19.77 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.89, 0.59% higher from yesterday’s close. Silver is expected to find support at 19.62, and … Continue reading
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Gold: Gold continues to trade higher, awaits Fed stimulus outlook
Gold prices traded higher by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1327.65 per ounce, In the Asian session, at GMT0300, Gold is trading at 1332.59, 0.37% higher from yesterday’s close. Gold is expected to … Continue reading
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Crude Oil: Oil prices fell ahead of Fed meeting outcome
Crude Oil prices declined 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 104.36, as investors remained cautious ahead of Fed monetary policy outcome and the US second quarter GDP data. However, the losses were limited … Continue reading
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Silver: White metal trading higher this morning
Silver prices dropped 0.89% to the USD19.80 per ounce during the 24 hours ending 23:00GMT, tracking losses in yellow metal. In the Asian session, at GMT0300, Silver is trading at 19.87, 0.34% higher from yesterday’s close. Silver is expected to … Continue reading
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Gold: Gold prices fell ahead of Fed policy meeting, trading higher this morning
Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1326.22 per ounce, amid strength in the greenback, ahead of Federal Reserve’s monetary policy announcement tomorrow. In the Asian session, at GMT0300, Gold … Continue reading
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Crude Oil: Oil trading lower following bearish comments from Alwaleed
On Friday, Crude Oil prices declined 0.82% against the USD for the period ending 21:00GMT, closing at 104.66. In the Asian session, at GMT0300, Crude Oil is trading at 104.40, 0.25% lower from Friday’s close. Over the weekend, Saudi … Continue reading
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Silver: White metal trading lower in the Asian session
On Friday, Silver prices declined 1.42% to the USD20.01 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.80, 1.06% lower from Friday’s close. Silver is expected to find support at … Continue reading
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Gold: Yellow metal continues its previous session losses ahead of the FOMC meeting
On Friday Gold prices traded lower by 0.10% against the USD in the period ending 21:00GMT, at 1333.30 per ounce, ahead of the US FOMC meeting scheduled later this week. In the Asian session, at GMT0300, Gold is trading … Continue reading
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