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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 continues to fall
Silver prices declined 1.02% to USD29.89 per ounce during the 24 hours ending 23:00GMT on Friday. In the Asian session, at GMT0400, Silver is trading at 29.59, 1.03% lower from Friday’s close. Silver is expected to find support at 29.30, … Continue reading
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Gold: Yellow metal tad lower in Asian session
Gold prices traded lower by 0.67% against the USD on Friday in the 24 hour period ending 23:00GMT, at 1,637.83 per ounce, amid profit booking. In the Asian session, at GMT0400, Gold is trading at 1636.93, 0.05% lower from Friday’s … Continue reading
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Crude Oil: Crude oil fell on disappointing data from the US, trading higher this morning
Oil prices declined 1.68% against the USD for the 24 hour period ending 23:00GMT, closing at 99.27, on weak US economic data and a broadly lower US dollar. In the Asian session, at GMT0400, Crude Oil is trading at 99.67, … Continue reading
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Silver: Trading lower this morning
Silver prices rose 0.75% to USD30.20 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.77, 1.44% lower from yesterday’s close. Silver is expected to find support at 29.39, and a … Continue reading
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Gold: Yellow metal rose on greenback’s fall, China outlook; trading lower this morning
Gold prices traded higher by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1,648.93 per ounce, as the greenback declined and amid speculation that China may loosen monetary policy. In the Asian session, at GMT0400, Gold … Continue reading
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Crude Oil: Crude oil fell amid rise in inventories, trading higher this morning
Oil prices declined 1.16% against the USD for the 24 hour period ending 23:00GMT, closing at 100.97, amid renewed concerns over the economic slowdown in European economies and following a surge in US oil stock piles. Yesterday, the Energy Information … Continue reading
Posted in Crude Oil
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Silver: White metal holds on to yesterday’s gains
Silver prices rose 0.19% to USD29.98 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.004, 0.09% higher from yesterday’s close. Silver is expected to find support at 29.63, and a … Continue reading
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Gold: Gold rose buoyed by a jump in Chinese gold import, gains continue this morning
Gold prices traded higher by 0.57% against the USD in the 24 hour period ending 23:00GMT, at 1,642.07 per ounce, amid rise in demand from China before the Lunar New Year this month. In the Asian session, at … Continue reading
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Silver: White metal extends its gains in the Asian session
Silver prices rose 3.18% to USD29.92 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.98, 0.21% higher from yesterday’s close. Silver is expected to find support at 29.22, and a … Continue reading
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Gold: Gold continues its northward journey
Gold prices traded higher by 1.44% against the USD in the 24 hour period ending 23:00GMT, at 1,632.84 per ounce. In the Asian session, at GMT0400, Gold is trading at 1637.39, 0.28% higher from yesterday’s close. Gold is expected to … Continue reading
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Crude Oil: Crude oil rose on supply concerns, trading lower this morning
Oil prices advanced 0.83% against the USD for the 24 hour period ending 23:00GMT, closing at USD102.16, after tensions in Iran raised concerns about crude oil supplies. Late yesterday, the American Petroleum Institute reported that reported that crude-oil inventories rose … Continue reading
Posted in Crude Oil
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