Crude Oil: Crude Oil trading higher in the Asian session bolstered by positive Chinese PMI data

On Friday, Crude Oil prices advanced 1.47% against the USD for the 24 hour period ending 24:00GMT, closing at 88.94. In the Asian session, at GMT0400, Crude Oil is trading at 89.20, 0.29% higher from Friday’s close, as encouraging Chinese … Continue reading

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Crude Oil: Crude Oil ends losing streak on US cliff talk, economic data

  Crude Oil prices advanced 1.18% against the USD for the 24 hour period ending 23:00GMT, closing at 87.65, as some optimism over a potential resolution to the US fiscal cliff and overall upbeat US economic data improved investors’ appetite … Continue reading

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Silver: White metal reversing its previous session gains

Silver prices rose 1.28% to the USD34.21 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.17, 0.11% lower from yesterday’s close. Silver is expected to find support at 33.67, and … Continue reading

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Gold: Trading higher in the Asian session

  Gold prices traded higher by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1725.13 per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1727.84, 0.16% higher from yesterday’s … Continue reading

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Gold: Gold extending its losses this morning

  Gold prices traded lower by 1.11% against the USD in the 24 hour period ending 23:00GMT, at 1722.65 per ounce. In the Asian session, at GMT0400, Gold is trading at 1719.55, 0.18% lower from yesterday’s close, after declining more … Continue reading

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Crude Oil: EIA posts supply decline, trading higher this morning

  Crude Oil prices declined 0.45% against the USD for the 24 hour period ending 23:00GMT, closing at 86.63, as fiscal-cliff and Greek-debt woes helped feed demand concerns, but prices finished off their lows following an unexpected decline in last … Continue reading

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Silver: Tad lower this morning

  Silver prices declined 0.68% to the USD33.78 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.65, 0.38% lower from yesterday’s close. Silver is expected to find support at 33.03, … Continue reading

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Crude Oil: Crude Oil declined on OECD warning, inventory data; trading higher this morning

  Crude Oil prices declined 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 87.02, as a warning from the Organization for Economic Cooperation and Development (OECD) over the potential for a global recession raised demand … Continue reading

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Silver: Silver continues its downward trend in the Asian session this morning

  Silver prices declined 0.54% to the USD34.00 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.97, 0.10% lower from yesterday’s close. Silver is expected to find support at 33.85, … Continue reading

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Gold: Gold pressured by a strong dollar

Gold prices traded lower by 0.45% against the USD in the 24 hour period ending 23:00GMT, at 1741.98 per ounce, as the euphoria over a Greek debt deal fizzled out and investors shifted their focus to US negotiations to avert … Continue reading

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Silver: Silver prices declined in the Asian session

  Silver prices rose 0.65% to the USD34.25 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.19, 0.16% lower from yesterday’s close. Silver is expected to find support at 33.98, … Continue reading

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