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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: Industrial metal trading lower this morning
Silver prices declined 0.52% to the USD28.90 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.81, 0.29% lower from yesterday’s close. Silver is expected to find support at 28.69, and … Continue reading
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Gold: Precious metal fell as the ECB and BoE did not hinted additional stimulus
Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1578.55 per ounce, as hopes for stimulus faded after the European Central Bank (ECB) gave no clear hints of further monetary easing, while … Continue reading
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Crude Oil: Oil dropped as US stockpiles increased more-than-expected
Crude Oil prices declined 0.51% against the USD for the 24 hour period ending 23:00GMT, closing at 90.43, as a larger-than-expected rise in the US inventories dented investor sentiment. Yesterday, the US Energy Information Administration reported that, for the … Continue reading
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Silver: Industrial metal trading lower this morning
Silver prices rose 1.22% to the USD29.05 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.98, 0.22% lower from yesterday’s close. Silver is expected to find support at 28.67, … Continue reading
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Gold: Yellow metal trading marginally higher in the Asian session
Gold prices traded higher by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1583.60 per ounce, missing to break above a key resistance at $1585 per ounce. In the Asian session, at GMT0400, Gold is … Continue reading
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Crude Oil: Trading higher this morning
Crude Oil prices advanced 0.59% against the USD for the 24 hour period ending 23:00GMT, closing at 90.89, as investor sentiment improved following positive economic data from Europe and the US. Late yesterday, the American Petroleum Institute (API) reported … Continue reading
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Silver: Silver trading higher this morning
Silver prices rose 0.33% to the USD28.70 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.79, 0.33% higher from yesterday’s close. Silver is expected to find support at 28.48, … Continue reading
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Gold: Gold continues to trade higher this morning
Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1575.55 per ounce. Yesterday a leading broker lowered its outlook on gold prices for the FY2013 by 6.9% to $1,680 per ounce and … Continue reading
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Crude Oil: Oil continues previous session losses
Crude Oil prices declined 0.32% against the USD for the 24 hour period ending 23:00GMT, closing at 90.36. In the Asian session, at GMT0400, Crude Oil is trading at 90.28, marginally lower from yesterday’s close. Investors await the oil … Continue reading
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Silver: White metal trading higher in the Asian session
Silver prices declined 0.37% to the USD28.60 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.7, 0.35% higher from yesterday’s close. Silver is expected to find support at 28.49, … Continue reading
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Gold: Yellow metal moving northwards in the Asian session
Gold prices traded lower by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1574.91 per ounce. In the Asian session, at GMT0400, Gold is trading at 1579.05, 0.26% higher from yesterday’s close, as speculation rose … Continue reading
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