Crude Oil: Oil trading on a stronger footing, ahead of EIA’s weekly crude oil stockpiles data

Posted on June 6, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.57% against the USD and closed at USD65.34 per barrel, amid reports that the US government asked Saudi Arabia and some other OPEC producers to increase oil … Continue reading →

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Silver: White metal extends gains in the morning session

Posted on June 6, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.52% against the USD and closed at USD16.51 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.53, with silver … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on June 6, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.42% against the USD and closed at USD1301.70 per ounce, as weakness in greenback increased demand for the safe haven asset. In the Asian session, at GMT0300, the pair … Continue reading →

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

Posted on June 5, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.50% against the USD and closed at USD64.88 per barrel, amid concerns that the OPEC might curb output cuts. In the Asian session, at GMT0300, the pair … Continue reading →

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Silver: White metal trading marginally lower in the Asian session

Posted on June 5, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.09% against the USD and closed at USD16.42 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.42, with silver … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on June 5, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.05% against the USD and closed at USD1296.60 per ounce, amid strength in the global equites. In the Asian session, at GMT0300, the pair is trading at 1295.80, with … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on June 4, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.13% against the USD and closed at USD65.67 per barrel on Friday, amid rising US production and possibility that the OPEC might increase supplies. Additionally, Baker Hughes … Continue reading →

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Silver: White metal trading reverses its losses in the Asian session

Posted on June 4, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.21% against the USD and closed at USD16.41 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.43, … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on June 4, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.48% against the USD and closed at USD1297.6 per ounce, after upbeat US jobs data boosted the US dollar. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on June 1, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.54% against the USD and closed at USD16.45 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.44, with silver … Continue reading →

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Crude Oil: Oil extends its losses in the Asian session, ahead of Baker Hughes weekly rig count data

Posted on June 1, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.53% against the USD and closed at USD67.10 per barrel, after the Energy Information Administration (EIA) reported that US crude production jumped to a record high of … Continue reading →

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