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

Posted on March 12, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.32% against the USD and closed at USD1323.00 per ounce on Friday, amid weakness in the greenback following disappointing US wage growth data. In the Asian session, at GMT0400, … Continue reading →

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Crude Oil: Oil extends its losses, ahead of Baker Hughes weekly rig count data

Posted on March 9, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.58% against the USD and closed at USD60.33 per barrel, pressured by a stronger greenback as well as concerns over soaring US crude oil production. In the … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on March 9, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.18% against the USD and closed at USD16.51 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at USD16.43 per ounce, … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 9, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.44% against the USD and closed at USD1322.50 per ounce, as broad strength in the greenback dented demand for the precious yellow metal. In the Asian session, at GMT0400, … Continue reading →

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Crude Oil: Oil trading a tad higher in the morning session

Posted on March 8, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.3% against the USD and closed at USD61.30 per barrel, after the Energy Information Administration (EIA) reported that weekly US crude production surged to a record high … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on March 8, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.34% against the USD and closed at USD16.52 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at USD16.55 per ounce, … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on March 8, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.8% against the USD and closed at USD1326.30 per ounce, as robust US labour market report reinvigorated hopes of aggressive interest rate hikes by the US Fed this year. … Continue reading →

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Crude Oil: Oil trading flat in the Asian session, ahead of EIA’s weekly crude oil stockpiles data

Posted on March 7, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.89% against the USD and closed at USD62.13 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 5.7 million barrels … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on March 7, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.52% against the USD and closed at USD16.86 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.74, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on March 7, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.98% against the USD and closed at USD1335.70 per ounce, as concerns surrounding a potential trade war led to a broad weakness in the US Dollar and boosted demand … Continue reading →

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

Posted on March 6, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.85% against the USD and closed at USD62.62 per barrel, after the International Energy Agency (IEA) forecasted that global oil demand would grow over the next 5 … Continue reading →

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