Gold: Yellow metal trading on a weaker footing this morning

Posted on January 9, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold traded flat against the USD and closed at USD1321.20 per ounce. In the Asian session, at GMT0400, the pair is trading at 1319.40, with gold trading 0.14% lower against the … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on January 8, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.66% against the USD and closed at USD61.48 per barrel on Friday. Meanwhile, Baker Hughes disclosed that active oil rigs in US fell by 5 rigs to … Continue reading →

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Silver: White metal reverses its gains this morning

Posted on January 8, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.09% against the USD and closed at USD17.26 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 17.25, with silver trading 0.09% lower … Continue reading →

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Gold: Yellow metal trading slightly lower in the Asian session

Posted on January 8, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.08% against the USD and closed at USD1322.00 per ounce on Friday, as upbeat wage growth data in the US stepped-up bets that the Fed would remain on track … Continue reading →

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

Posted on January 5, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil slightly rose against the USD and closed at USD61.89 per barrel, as concerns over supply disruptions supported crude prices. Additionally, the Energy Information Administration (EIA) reported that US … Continue reading →

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

Posted on January 5, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.44% against the USD and closed at USD17.25 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.25, with silver … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on January 5, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.69% against the USD and closed at USD1324.00 per ounce, as weakness in the greenback increased demand for the precious yellow metal. In the Asian session, at GMT0400, the … Continue reading →

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Crude Oil: Oil trading a tad higher, ahead of EIA’s weekly crude oil inventories data

Posted on January 4, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.43% against the USD and closed at USD61.88 per barrel, after the American Petroleum Institute (API) indicated that US crude oil inventories fell by 5.0 million barrels … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on January 4, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.35% against the USD and closed at USD17.17 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.05, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on January 4, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.38% against the USD and closed at USD1314.50 per ounce, after minutes of the Fed’s recent meeting indicated the possibility of an aggressive path of interest rate hikes this … Continue reading →

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

Posted on January 3, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.27% against the USD and closed at USD60.41 per barrel, as unrest in Iran, OPEC’s third largest member, reignited concerns about disruptions to the nation’s oil production. … Continue reading →

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