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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 higher in the Asian session
Silver prices rose 0.12% to the USD33.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.03, 0.28% higher from yesterday’s close. Silver is expected to find support at 33.78, … Continue reading
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Crude Oil: Crude oil dropped as OPEC & EIA lowers demand forecasts, trading higher this morning
Crude Oil prices declined 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 91.26, after the US Energy Information Administration (EIA) and OPEC lowered their forecasts for growth in world oil demand in 2013. The … Continue reading
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Crude Oil: Trading marginally lower, however supply concerns remain
Crude Oil prices advanced 2.19% against the USD for the 24 hour period ending 23:00GMT, closing at 91.96. In the Asian session, at GMT0300, Crude Oil is trading at 91.94, marginally lower from yesterday’s close. Turkey confirmed that it was … Continue reading
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Silver: Global growth concerns pushes white metal lower
Silver prices declined 0.68% to the USD33.88 per ounce during the 24 hours ending 23:00GMT, as the greenback strengthened amid concerns over global economic growth. In the Asian session, at GMT0300, Silver is trading at 33.86, 0.07% lower from yesterday’s … Continue reading
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Gold: Tad lower this morning
Gold prices traded lower by 0.69% against the USD in the 24 hour period ending 23:00GMT, at 1765.41 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1764.62, marginally lower from yesterday’s close. … Continue reading
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Crude Oil: Oil rises on Syria-Turkey tensions
Crude Oil prices advanced 0.26% against the USD for the 24 hour period ending 23:00GMT, closing at 89.93, as rising supply concerns due to escalating tensions in the Middle East added to sluggish outlook for global oil demand. Turkish President, … Continue reading
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Silver: Trading higher this morning
Silver prices declined 1.17% to the USD34.11 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.21, 0.37% higher from yesterday’s close. Silver is expected to find support at 33.93, … Continue reading
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Gold: Yellow metal inches up on bargain hunting
Gold prices traded lower by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1777.28 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1779.84, 0.19% higher from yesterday’s … Continue reading
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Crude Oil: Oil prices continues to fall as US job growth fails to impress
On Friday, Crude Oil prices declined 1.76% against the USD for the 24 hour period ending 23:00GMT, closing at 89.89, as signs of a jobs recovery in the US did not impress the oil traders. In the Asian session, … Continue reading
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Silver: Silver continues its downward trend this morning
On Friday, Silver prices declined 1.21% to the USD34.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.01, 1.64% lower from Friday’s close. Silver is expected to find support … Continue reading
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Gold: Gold down on profit booking
On Friday Gold prices traded lower by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1781.10 per ounce, as profit booking prevailed among investors. In the Asian session, at GMT0300, Gold is trading at 1771.51, … Continue reading
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