Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data

Posted on August 21, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD42.82 per barrel, following major oil producers’ commitments to hold back output. In the Asian session, at GMT0300, the pair … Continue reading →

Posted in Crude Oil | Comments Off

Silver; White metal trading on a weaker footing this morning

Posted on August 21, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.11% against the USD and closed at USD27.64 per ounce. In the Asian session, at GMT0300, the pair is trading at 27.6, with silver trading 0.14% lower against the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses it gains in the Asian session

Posted on August 21, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.73% against the USD and closed at USD1956.6. per ounce, as weak US jobs data stoked worries about slow economic recovery. In the Asian session, at GMT0300, the pair … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading on a weaker footing this morning

Posted on August 20, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD42.75 per barrel, after the Energy Information Administration (EIA) reported that crude oil inventories fell by 1.6 million barrels to … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher in the Asian session

Posted on August 20, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.63% against the USD and closed at USD27.07 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 27.12, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the morning session

Posted on August 20, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 3.72% against the USD and closed at USD1938.50 per ounce, as the US dollar strengthened and amid rise in Treasury yields. In the Asian session, at GMT0300, the pair … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on August 19, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.14% against the USD and closed at USD42.68 per barrel. The American Petroleum Institute (API) reported that crude oil inventories fell by 4.3 million barrels for the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains in the Asian session

Posted on August 19, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.16% against the USD and closed at USD28.09 per ounce. In the Asian session, at GMT0300, the pair is trading at 27.87, with silver trading 0.78% lower against the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a weaker footing this morning

Posted on August 19, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.10% against the USD and closed at USD2012.50 per ounce, as the US dollar weakened and amid rising tension between the US and China. In the Asian session, at … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data

Posted on August 18, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.02% against the USD and closed at USD42.74 per barrel, as the Organisation of the Petroleum Exporting Countries (OPEC) and its allies complied with production cuts in … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher in the morning session

Posted on August 18, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 4.64% against the USD and closed at USD27.50 per ounce. In the Asian session, at GMT0300, the pair is trading at 28.07, with silver trading 2.09% higher against the … Continue reading →

Posted in Silver | Comments Off