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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: Trading higher from yesterday’s close
Silver prices declined 0.65% to the USD 33.80 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.00, 0.59% higher from yesterday’s close. Silver is expected to find support at 33.61, … Continue reading
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Gold: Yellow metal gaining strength in the Asian session
Gold prices traded lower by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1761.29 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1764.5, 0.18% higher from yesterday’s close. … Continue reading
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Crude Oil: trading higher ahead of the US crude oil inventories report
Crude Oil prices declined 0.99% against the USD for the 24 hour period ending 23:00GMT, closing at 92.10. Yesterday Iranian President, Mahmoud Ahmadinejad, stated that the Iran does not take seriously Israeli threats of attack, but is prepared to … Continue reading
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Silver: Global growth concerns pushed industrial metal prices lower, trading higher in the Asian session
Silver prices declined 1.46% to the USD 34.02 per ounce during the 24 hours ending 23:00GMT, as concerns over the outlook for global growth weighed on industrial metal prices. In the Asian session, at GMT0300, Silver is trading at … Continue reading
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Gold: Yellow metal fell as the greenback strengthened, trading marginally higher this morning
Gold prices traded lower by 0.49% against the USD in the 24 hour period ending 23:00GMT, at 1764.78 per ounce, as risk aversion triggered investors into the relative safety of the greenback, while Spanish and Greek concerns remained at … Continue reading
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Crude Oil: Crude oil plunged this morning
On Friday, Crude Oil prices advanced 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 93.11. The American Petroleum Institute (API), in its monthly report, stated that the overall petroleum demand from the US continued to … Continue reading
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Gold: Yellow metal trading lower in the Asian session as fresh European concerns spark profit taking
On Friday Gold prices traded higher by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1773.60 per ounce. In the Asian session, at GMT0300, Gold is trading at 1759.75, 0.78% lower from Friday’s close, as speculations … Continue reading
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Silver: Trading below its MA’s
On Friday, Silver prices declined 0.12% to the USD 34.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.92, 1.84% lower from Friday’s close. Silver is expected to find support … Continue reading
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Crude Oil: Oil up on supply concerns
Crude Oil prices advanced 1.22% against the USD for the 24 hour period ending 23:00GMT, closing at 92.92, amid concerns over instability in the Middle East and a refinery shutdown in Venezuela. Oil prices received some support after a fire … Continue reading
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Silver: Trading above its MA’s
Silver prices declined 0.10% to the USD 34.59 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.78, 0.55% higher from yesterday’s close. Silver is expected to find support at 34.30, … Continue reading
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Gold: Trading higher in the Asian session
Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1767.80 per ounce. In the Asian session, at GMT0300, Gold is trading at 1771.75, 0.22% higher from yesterday’s close. Gold is expected to … Continue reading
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