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

Posted on February 28, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.63% against the USD and closed at USD62.84 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 933,000 barrels to … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on February 28, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.41% against the USD and closed at USD16.44 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.40, with silver … Continue reading →

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Gold: Gold trading extends its losses in the Asian session

Posted on February 28, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.26% against the USD and closed at USD1319.20 per ounce, as the Fed Chair, Jerome Powell’s upbeat views on the US economy bolstered bets on faster pace of interest … Continue reading →

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

Posted on February 27, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.38% against the USD and closed at USD64.03 per barrel, extending its previous session gains, on the back of robust US demand and following an outage in … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on February 27, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.18% against the USD and closed at USD16.69 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.67, with silver … Continue reading →

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Gold: Yellow metal trading marginally lower in the morning session

Posted on February 27, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.28% against the USD and closed at USD1334.90 per ounce, amid a broad rally in global equity markets. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on February 26, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.19% against the USD and closed at USD63.58 per barrel, following the shutdown of a key oilfield in Libya and hawkish remarks from Saudi Arabia’s Energy Minister. … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on February 26, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.3% against the USD and closed at USD16.58 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.73, with silver … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on February 26, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.1% against the USD and closed at USD1330.70 per ounce, amid a rally in US equity markets. In the Asian session, at GMT0400, the pair is trading at 1338.50, … Continue reading →

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

Posted on February 23, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.67% against the USD and closed at USD62.64 per barrel, following an unexpected decline in US crude oil stockpiles. The Energy Information Administration (EIA) indicated that US … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on February 23, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.06% against the USD and closed at USD16.66 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.61, with silver … Continue reading →

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