Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on May 20, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.68% against the USD and closed at USD31.74 per barrel. In the Asian session, at GMT0300, the pair is trading at 31.92, with oil trading 0.57% higher … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on May 20, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.41% against the USD and closed at USD17.86 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.06, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on May 20, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.74% against the USD and closed at USD1748.30 per ounce, amid fears of prolonged global recession and massive stimulus measures from central banks. In the Asian session, at GMT0300, … Continue reading →

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

Posted on May 19, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 8.50 % against the USD and closed at USD33.3 per barrel, amid encouraging results from an experimental COVID-19 vaccine and optimism that resumption in economic activity would … Continue reading →

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

Posted on May 19, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.68% against the USD and closed at USD17.44 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.45, with silver trading marginally higher against the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on May 19, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.99% against the USD and closed at USD1734.70 per ounce, as positive results from the early trials of COVID-19 vaccine boosted risk appetite among investors. In the Asian session, … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on May 18, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.20% against the USD and closed at USD29.63 per barrel on Friday, amid signs of recovery in oil demand. Additionally, Baker Hughes reported that US oil drilling … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on May 18, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 5.18% against the USD and closed at USD17.06 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.65, … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on May 18, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.79% against the USD and closed at USD1753.50 per ounce on Friday, amid renewed US-China trade tensions. In the Asian session, at GMT0300, the pair is trading at 1773.40, … Continue reading →

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

Posted on May 15, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.59% against the USD and closed at USD27.64 per barrel, after the International Energy Agency predicted that crude inventories will shrink by about 5.5 million barrels per … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on May 15, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.82% against the USD and closed at USD16.22 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.39, with silver trading 1.08% higher against the … Continue reading →

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