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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 lower this morning
Silver prices declined 2.45% to USD 34.11 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.83, 0.82% lower from yesterday’s close. Silver is expected to find support at 33.30, and … Continue reading
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Gold: Yellow metal retreats as Italy concerns push dollar higher
Gold prices traded lower by 0.95% against the USD in the 24 hour period ending 23:00GMT, at 1,770.95 per ounce. In the Asian session, at GMT0400, Gold is trading at 1761.38, 0.54% lower from yesterday’s close. Gold is expected to … Continue reading
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Crude Oil: Crude oil extends its yesterday’s gains
Oil prices advanced 1.24% against the USD for the 24 hour period ending 23:00GMT, closing at 96.96, after OPEC revised its forecast for oil demand higher by 1.9 million barrels a day, to 92.9 million barrels by 2015. Also, concerns … Continue reading
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Silver: Trading above its MA’s
Silver prices traded flat to USD 34.97 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 35.17, 0.57% higher from yesterday’s close. Silver is expected to find support at 34.68, and … Continue reading
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Gold: Gold advances in Asian trade
Gold prices traded lower by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1,788.00 per ounce. In the Asian session, at GMT0400, Gold is trading at 1791.52, 0.20% higher from yesterday’s close. Gold is expected to … Continue reading
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Crude Oil: Trading above $95 per barrel
Oil prices advanced 1.28% against the USD for the 24 hour period ending 23:00GMT, closing at 95.77, as investors speculated that steps by European leaders to tame its debt crisis and shrinking crude supplies in the US indicated that fuel … Continue reading
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Silver: Italian concerns send Silver higher, trading lower in Asian session
Silver prices rose 2.37% to USD 34.96 per ounce during the 24 hours ending 23:00GMT, amid fear that political turmoil in Italy might exacerbate the Euro-zone’s debt crisis. In the Asian session, at GMT0400, Silver is trading at 34.825, 0.39% … Continue reading
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Gold: Yellow metal rises more than 2% on Italy concerns, trading lower this morning
Gold prices traded higher by 2.26% against the USD in the 24 hour period ending 23:00GMT, at 1,793.93 per ounce, amid political uncertainty in Italy which threatened to further complicate the Euro-zone’s sovereign debt crisis. In the Asian session, at … Continue reading
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Crude Oil: Extended its Friday’s gains
Oil prices advanced 0.48% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 94.48. In the Asian session, at GMT0400, Crude Oil is trading at 94.67, 0.20% higher from Friday’s close. Crude oil is expected … Continue reading
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Silver: Trading higher this morning
Silver prices declined 0.50% to USD 34.15 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.46, 0.91% higher from Friday’s close. Silver is expected to find support at … Continue reading
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Gold: Gold rises on Greece & Italy concerns
Gold prices traded lower by 0.11% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,757.47 per ounce, amid profit booking. In the Asian session, at GMT0400, Gold is trading at 1770.18, 0.72% higher from Friday’s … Continue reading
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