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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: Pair trading between its MA’s
Silver prices declined 1.22% to USD 34.92 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 34.85 per ounce, 0.20% lower, from 23:00GMT. The first level of short term resistance … Continue reading
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Silver: Trading higher this morning
Silver prices declined 8.63% to USD 35.35 per ounce during the 24 hours ending 23:00GMT, as stronger dollar eroded the appeal of the precious metal as an alternative asset. In the Asian session at 3:00GMT, silver is trading at USD … Continue reading
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Silver: Silver continues it rally as buyers return
Silver prices rose 2.54% to USD 38.69 per ounce during the 24 hours ending 23:00GMT, amid ongoing sovereign debt concerns in Greece. In the Asian session at 3:00GMT, silver is trading at USD 39.17 per ounce, 1.24% higher, from 23:00GMT. … Continue reading
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Silver: Silver backpedals in Asian session
Silver prices rose 6.28% to USD 37.73 per ounce during the 24 hours ending 23:00GMT, as some weakness in the US dollar and concerns over European debt woes lured investors back to metals. In the Asian session at 3:00GMT, silver … Continue reading
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Silver: Trading higher this morning
Silver prices rose 2.74% to USD 35.59 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 36.12 per ounce, 1.49% higher, from 23:00GMT. The first level of short … Continue reading
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Silver: Silver Slumps on dollar rally, margin hikes and amid heavy sell-offs, trading higher in Asian session
Silver prices declined 11.72% to USD34.64 per ounce during the 24 hours ending 23:00GMT, after the CME Group, owner of Comex and Nymex, late Wednesday, announced fourth and fifth increase in margin requirements since 26 April 2011. In the Asian … Continue reading
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Silver: Tracking overnight losses in New York session
Silver prices declined 4.60% to USD 39.24 per ounce during the 24 hours ending 23:00GMT, as speculators continued to leave long positions following hike in trading requirements by CME Group, the Comex operator, early this week. In the Asian session … Continue reading
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Silver: Stabilising this morning after a sharp fall
Silver prices declined 7.61% to USD 41.13 per ounce during the 24 hours ending 23:00GMT, after the US metals exchange raised margins for the third time in a week. In the Asian session at 3:00GMT, silver is trading at USD … Continue reading
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Silver: Silver continues its northward journey
Silver prices rose 3.73% to USD 44.52 per ounce during the 24 hours ending 23:00GMT, recouping a part of its recent losses, which saw it plunge more than 10.0%, following a rise in margins required to hold positions in the … Continue reading
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Silver: Silver tumbles in Asian trading after six-week surge
Silver prices declined 1.14% to USD47.84 per ounce during the 24 hours ending 23:00GMT, amid profit taking after the white metal prices recorded the highest in 28 years. In the Asian session at 3:00GMT, silver is trading at USD43.37 per … Continue reading
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Silver: Weaker US data pushes silver to new records, trading lower in Asian session
Silver prices rose 0.02% to USD 48.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 48.36 per ounce, 0.06% lower, from 23:00GMT. The first level of short term resistance … Continue reading
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