Silver: Trading lower this morning

Silver prices rose 2.27% to USD 38.71 per ounce during the 24 hours ending 23:00GMT, supported by strong investment demand and on expectations that industrial demand is also set to improve. In the Asian session at 3:00GMT, silver is trading … Continue reading

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Crude Oil: Trading flat in Asian session

Oil prices advanced 0.04% against the USD for the 24 hour period ending 23:00GMT, closing at 108.33, as unrest in the Middle East and North Africa kept investors worried over the supply concerns. At GMT 0300, Oil is trading at … Continue reading

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Gold: Trading higher in Asian session

On Friday, Gold prices traded lower by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1428.10 per ounce, on upbeat US job data and after the US Federal Reserve official indicated that the central bank may … Continue reading

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Silver: Trading well above its MA’s

On Friday, Silver prices rose 0.48% to USD 37.78 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 38.05 per ounce, 0.71% higher, from 23:00GMT. The first level of short … Continue reading

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Crude Oil: Oil continue to move northwards on supply concerns

On Friday, Oil prices advanced 1.27% against the USD for the 24 hour period ending 23:00GMT, closing at 108.26, after the release of better than expected US jobs data and as Libyan leader Muammar Qaddafi’s forces regained ground against rebels. … Continue reading

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Gold: EU finance jitters lift gold to new record, trading lower this morning

Gold prices traded higher by 0.70% against the USD in the 24 hour period ending 23:00GMT, at 1432.98 per ounce, supported by a weaker dollar and concerns over inflation. Gold was also boosted by the uncertainty over the outcome of … Continue reading

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Silver: Trading lower in Asian session

Silver prices rose 0.45% to USD 37.60 per ounce during the 24 hours ending 23:00GMT, in line with the rise in gold prices. In the Asian session at 3:00GMT, silver is trading at USD 37.56 per ounce, 0.11% lower, from … Continue reading

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Crude Oil: Oil rallies on Libya, weaker dollar, trading flat in Asian sesion

Oil prices advanced 2.45% against the USD for the 24 hour period ending 23:00GMT, closing at 106.90, after Libyan leader Muammar Gaddafi’s troops retook the control of the oil producing towns of Ras Lanuf and Brega from the rebels in … Continue reading

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Gold: Yellow metal rises, Mideast unrest lends support

Gold prices traded higher by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1,423.00 per ounce, amid broad support from unrest in the Middle East and North Africa. In the Asian session at 3:00GMT, gold is … Continue reading

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Silver: Silver prices continue to rise in Asian session

Silver prices rose 1.11% to USD 37.43 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 37.66 per ounce, 0.61% higher, from 23:00GMT. The first level of short term resistance … Continue reading

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Crude Oil: Crude prices down after EIA data, trading higher this morning

Oil prices declined 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 104.22, after a US government report showed sharp crude stocks rise. The Energy Information Administration, reported that the US crude oil inventories increased by … Continue reading

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