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

Posted on December 5, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.11% against the USD and closed at USD1278.60 per ounce, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1277.90, with gold … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on December 4, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.6% against the USD and closed at USD58.26 per barrel on Friday, amid optimism that the extension of production cut deal by the OPEC and non-OPEC members … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on December 4, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.15% against the USD and closed at USD16.45 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.41, … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on December 4, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.46% against the USD and closed at USD1283.90 per ounce on Friday, as weakness in the US dollar and a decline in global equities boosted demand for the precious … Continue reading →

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Crude Oil: OPEC and allies extend oil production cuts by 9 months

Posted on December 1, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.07% against the USD and closed at USD57.34 per barrel. However, losses in crude prices were limited, after the Organisation of the Petroleum Exporting Countries (OPEC) and … Continue reading →

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Silver: White metal trading marginally lower in the Asian session

Posted on December 1, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.69% against the USD and closed at USD16.48 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.47, with silver … Continue reading →

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

Posted on December 1, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.75% against the USD and closed at USD1277.60 per ounce, as a rally in US equities, following upbeat economic releases, reduced demand for the precious yellow metal as an … Continue reading →

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Crude Oil: Oil reverses its losses in the morning session

Posted on November 30, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.49% against the USD and closed at USD57.38 per barrel, as investors grew pessimistic that major oil producing countries would strike a deal to extend OPEC’s output … Continue reading →

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Silver: White metal trading on a stronger footing in the morning session

Posted on November 30, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.95% against the USD and closed at USD16.59 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.61, with silver … Continue reading →

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

Posted on November 30, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.8% against the USD and closed at USD1286.90 per ounce, after hawkish remarks by the Fed Chair, Janet Yellen boosted the possibility of a December interest rate hike. In … Continue reading →

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

Posted on November 29, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.35% against the USD and closed at USD57.66 per barrel, amid anxiety ahead of an OPEC meeting to discuss output cuts. Additionally, the American Petroleum Institute (API) … Continue reading →

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