Crude Oil: Trading lower, after yesterday’s surge

Oil prices advanced 1.57% against the USD for the 24 hour period ending 23:00GMT, closing at 94.03, as the Greece ruling party revolted against the referendum and rate cut from the European Central Bank renewed hopes about the resolution of … Continue reading

Posted in Crude Oil | Leave a comment

Silver: Continues to trade higher

Silver prices rose 0.20% to USD 34.32 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.48, 0.49% higher from yesterday’s close. Silver is expected to find support at 33.55, and … Continue reading

Posted in Silver | Leave a comment

Gold: Trading flat this morning

Gold prices traded higher by 1.17% against the USD in the 24 hour period ending 23:00GMT, at 1,759.45 per ounce, as uncertainty over European debt crisis and strong US jobs data provided a boost to precious metals. In the Asian … Continue reading

Posted in Gold | Leave a comment

Crude Oil: Crude oil slips in Asian session

Oil prices advanced 1.65% against the USD for the 24 hour period ending 23:00GMT, closing at 92.58, over speculation that the European leaders would push Greece to accept their rescue plan. On Wednesday, the US Energy Information Administration (EIA) reported … Continue reading

Posted in Crude Oil | Leave a comment

Silver: Trading lower this morning

Silver prices rose 3.05% to USD 34.25 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.83, 1.22% lower from yesterday’s close. Silver is expected to find support at 33.25, and … Continue reading

Posted in Silver | Leave a comment

Gold: Gold backpedals, Europe uncertainty weighs ahead of G20 summit

Gold prices traded higher by 1.39% against the USD in the 24 hour period ending 23:00GMT, at 1,739.03 per ounce. In the Asian session, at GMT0400, Gold is trading at 1729.93, 0.52% lower from yesterday’s close, tracking the downbeat sentiment … Continue reading

Posted in Gold | Leave a comment

Crude Oil: Crude drops on fresh Greek debt concerns, trading higher in Asian session

Oil prices declined 1.60% against the USD for the 24 hour period ending 23:00GMT, closing at 91.08, after proposal for a Greek referendum raised worries about the eurozone bailout package ability to contain the debt crisis. Late Tuesday, the American … Continue reading

Posted in Crude Oil | Leave a comment

Silver: Trading higher this morning

Silver prices declined 2.71% to USD 33.23 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.37, 0.42% higher from yesterday’s close. Silver is expected to find support at 32.08, and … Continue reading

Posted in Silver | Leave a comment

Gold: Yellow metal shines as Greek debt crisis fear returns‎

Gold prices traded higher by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1,715.15 per ounce. In the Asian session, at GMT0400, Gold is trading at 1722.52, 0.43% higher from yesterday’s close. Gold is expected to … Continue reading

Posted in Gold | Leave a comment

Crude Oil: Continues to trade lower

Oil prices declined 0.84% against the USD for the 24 hour period ending 23:00GMT, closing at 92.56. In the Asian session, at GMT0400, Crude Oil is trading at 92.30, 0.28% lower from yesterday’s close. Crude oil is expected to find … Continue reading

Posted in Crude Oil | Leave a comment

Silver: Trading higher this morning

Silver prices declined 3.29% to USD 34.16 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.52, 1.07% higher from yesterday’s close. Silver is expected to find support at 34.17, and … Continue reading

Posted in Silver | Leave a comment