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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 trading lower this morning
Silver prices rose 0.48% to the USD23.38 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.26, 0.52% lower from yesterday’s close. Silver is expected to find support at 23.08, and … Continue reading
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Gold: Yellow metal reclaims $1400 per ounce mark
Gold prices traded higher by 1.50% against the USD in the 24 hour period ending 23:00GMT, at 1426.60 per ounce, to finish above $1,400 per ounce, buoyed by rise in physical demand for the precious metal. In the Asian session, … Continue reading
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Crude Oil: Oil trading higher in the Asian session
On Friday, Crude Oil prices declined 0.28% against the USD for the period ending 21:00GMT, closing at 88.01. However, losses were limited amid speculation that the Organization of the Petroleum Exporting Countries may hold an emergency meeting to discuss … Continue reading
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Silver: White metal trading higher in the Asian session
On Friday, Silver prices declined 0.30% to the USD23.29 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.53, 1.02% higher from Friday’s close. Silver is expected to find support at … Continue reading
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Gold: Gold rose on demand for physical gold
On Friday Gold prices traded higher by 0.78% against the USD in the period ending 21:00GMT, at 1403.85 per ounce, following a rise in demand for physical gold. In the Asian session, at GMT0300, Gold is trading at 1422.35, … Continue reading
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Silver: Silver trading lower this morning
Silver prices declined 0.11% to the USD 23.36 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.34, 0.11% lower from yesterday’s close. Silver is expected to find support at … Continue reading
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Gold: Gold traded higher as dollar weakened
Gold prices traded higher by 1.10% against the USD in the 24 hour period ending 23:00GMT, at 1392.97 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1396.56, 0.26% higher from yesterday’s … Continue reading
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Crude Oil: Oil trading higher in the Asian session
Crude Oil prices declined 3.14% against the USD for the 24 hour period ending 23:00GMT, closing at 86.16. Yesterday, the Energy Information Administration (EIA) reported that, for the week ended April 12, crude supplies fell 1.2 million barrels. Distillate … Continue reading
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Silver: White metal trading lower this morning
Silver prices declined 0.53% to the USD23.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.13, 1.09% lower from yesterday’s close. Silver is expected to find support at 22.52, … Continue reading
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Gold: Yellow metal moving southwards in the Asian session
Gold prices traded higher by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1377.80 per ounce. In the Asian session, at GMT0300, Gold is trading at 1362.30, 1.12% lower from yesterday’s close. Gold is expected … Continue reading
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Crude Oil: Big drop in US crude oil inventories last week, reports API
Crude Oil ended its losing streak and advanced 1.84% against the USD for the 24 hour period ending 23:00GMT, closing at 88.95, as the API registered a drop in crude supplies. Late yesterday, the American Petroleum Institute (API) reported that … Continue reading
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