Gold: Yellow metal trading on a stronger footing this morning

Posted on May 16, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.72% against the USD and closed at USD1291.00 per ounce, amid a broad strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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Crude Oil: Oil reverses its gains, ahead of API’s weekly crude oil inventories data

Posted on May 15, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.87% against the USD and closed at USD71.10 per barrel, after the Organisation of the Petroleum Exporting Countries (OPEC), in its monthly report, revised up its demand … Continue reading →

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Silver: White metal trading a tad higher in the morning session

Posted on May 15, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.14% against the USD and closed at USD16.55 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.55, with silver … Continue reading →

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Gold: Yellow metal trading flat in the Asian session

Posted on May 15, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.56% against the USD and closed at USD1313.90 per ounce, amid strength in the greenback and signs of easing trade conflicts between the US and China. In the Asian … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on May 14, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.36% against the USD and closed at USD70.56 per barrel on Friday, after fresh figures from Baker Hughes disclosed that active oil rigs in the US rose … Continue reading →

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Silver: White metal trading between its MA’s

Posted on May 14, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.30% against the USD and closed at USD16.70 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 16.73, with silver trading 0.18% higher … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on May 14, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.13% against the USD and closed at USD1319.60 per ounce on Friday, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1320.60, … Continue reading →

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Crude Oil: Oil trading on a weaker footing, ahead of Baker Hughes weekly rig count data

Posted on May 11, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.42% against the USD and closed at USD71.53 per barrel, aided by concerns of potential disruptions to oil supply from major exporter, Iran in the wake of … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on May 11, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.36% against the USD and closed at USD16.75 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.73, with silver … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on May 11, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.62% against the USD and closed at USD1321.70 per ounce, amid a broad weakness in the greenback, following weaker-than-expected US inflation data. In the Asian session, at GMT0300, the … Continue reading →

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Crude Oil: Oil extends gains in the morning session

Posted on May 10, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.61% against the USD and closed at USD71.23 per barrel, extending its previous session gains, after the US decided to quit a nuclear deal with Iran. Gains … Continue reading →

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