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

Posted on February 13, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.82% against the USD and closed at USD59.39 per barrel, after the Energy Information Administration (EIA) forecasted that shale crude-oil production from seven major US oil plays … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on February 13, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.61% against the USD and closed at USD16.52 per ounce, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 16.55, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on February 13, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.08% against the USD and closed at USD1325.10 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 12, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.56% against the USD and closed at USD58.93 per barrel on Friday, after fresh figures from Baker Hughes showed the biggest weekly jump in the number of … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on February 12, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.67% against the USD and closed at USD16.23 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.42, … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on February 12, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.26% against the USD and closed at USD1316.70 per ounce on Friday, as strength in the greenback and a rebound in US equity markets dented demand for the precious … Continue reading →

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

Posted on February 9, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.66% against the USD and closed at USD60.56 per barrel, after Iran, OPEC’s third-largest producer, announced plans to boost oil production within the next four years by … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on February 9, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.77% against the USD and closed at USD16.37 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.33, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on February 9, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.35% against the USD and closed at USD1320.80 per ounce, boosted by safe-haven demand after a sharp decline in US equities spooked investors. In the Asian session, at GMT0400, … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on February 8, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.61% against the USD and closed at USD61.65 per barrel, after data indicated a rise in US crude oil inventories and record high domestic crude production. The … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on February 8, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.27% against the USD and closed at USD16.34 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.26, with silver … Continue reading →

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