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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 higher in the Asian session
On Friday, Silver prices declined 0.47% to the USD30.02 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.16, 0.48% higher from Friday’s close. Silver is expected to find support … Continue reading
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Gold: Gold trading higher this morning
On Friday Gold prices traded lower by 0.38% against the USD in the 24 hour period ending 24:00GMT, at 1655.87 per ounce, as the greenback strengthened. In the Asian session, at GMT0400, Gold is trading at 1661.45, 0.34% higher … Continue reading
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Crude Oil: API registered a drop in crude oil inventories
Crude Oil prices advanced 0.54% against the USD for the 24 hour period ending 23:00GMT, closing at 91.38. Yesterday, American Petroleum Institute (API) reported that for the week ended December 21, crude-oil supplies fell by 1.2 million barrels. Gasoline … Continue reading
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Silver: White metal on the upward track in the Asian session
Silver prices rose 0.39% to the USD30.16 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.27, 0.36% higher from yesterday’s close. Silver is expected to find support at 29.81, … Continue reading
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Gold: Yellow metal trading tad lower this morning
Gold prices traded higher by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1662.22 per ounce. In the Asian session, at GMT0400, Gold is trading at 1661.63, marginally lower from yesterday’s close. Gold is expected … Continue reading
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Crude Oil: Trading slightly higher this morning
Crude Oil prices advanced 2.00% against the USD for the 24 hour period ending 23:00GMT, closing at 90.89, after data showed that the US house prices rose more-than-expected in October. Additionally, cold weather and technical buying added to the … Continue reading
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Gold: Trading higher this morning
Gold prices traded higher by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1655.87 per ounce. In the Asian session, at GMT0400, Gold is trading at 1658.05, 0.13% higher from yesterday’s close. Gold is expected … Continue reading
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Silver: White metal showing convergence with its MA’s
Silver prices rose 0.52% to the USD30.04 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.03, marginally lower from yesterday’s close. Silver is expected to find support at 29.82, … Continue reading
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Crude Oil: Crude Oil was pressured as investors fretted over the US fiscal cliff resolution
On Friday, Crude Oil prices declined 1.29% against the USD for the 24 hour period ending 24:00GMT, closing at 88.89, as uncertainty over the ability of the US to resolve a budget crisis before a year-end deadline stoked investor … Continue reading
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Silver: White metal rises in the Asian session
On Friday, Silver prices rose 0.11% to the USD30.01 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.06, 0.17% higher from Friday’s close. Silver is expected to find support … Continue reading
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Gold: Trading flat this morning
On Friday Gold prices traded higher by 0.52% against the USD in the 24 hour period ending 24:00GMT, at 1657.17 per ounce. In the Asian session, at GMT0400, Gold is trading at 1657.21, flat from Friday’s close. Gold is … Continue reading
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