Crude Oil: Oil trading unchanged in the morning session, ahead of EIA’s crude inventories data

Posted on November 8, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.44% against the USD and closed at USD57.00 per barrel, after the OPEC, in its 2017 World Oil Outlook, raised its projection for US shale oil production … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on November 8, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.34% against the USD and closed at USD16.99 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at USD17.01 per ounce, … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the morning session

Posted on November 8, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.48% against the USD and closed at USD1275.70 per ounce, amid strength in the US Dollar. In the Asian session, at GMT0400, the pair is trading at USD1278.10 per … Continue reading →

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Crude Oil: Oil trading higher, ahead of API’s crude inventories report

Posted on November 7, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.69% against the USD and closed at USD57.25 per barrel, boosted by a move by Saudi Arabia’s Crown Prince, Mohammad bin Salman, to consolidate his power over … Continue reading →

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Silver: White metal trading on a weaker footing in the Asian session

Posted on November 7, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.14% against the USD and closed at USD17.22 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at USD17.15 per ounce, … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on November 7, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.01% against the USD and closed at USD1282.80 per ounce, amid a weaker greenback and as geopolitical concerns in Saudi Arabia fuelled demand for the safe-haven asset. In the … Continue reading →

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Crude Oil: Oil trading firmer in the morning session

Posted on November 6, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.44% against the USD and closed at USD55.66 per barrel on Friday, after Baker Hughes reported that US crude oil rigs fell by 8 to 729 in … Continue reading →

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Silver: White metal trading marginally higher in the Asian session

Posted on November 6, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.63% against the USD and closed at USD16.85 per ounce on Friday, tracking losses in safe-haven yellow metal. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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Gold: Yellow metal trading flat this morning

Posted on November 6, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.63% against the USD and closed at USD1269.90 per ounce on Friday, amid strength in the US Dollar. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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

Posted on November 3, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 1.2% against the USD and closed at USD54.87 per barrel, after Saudi Arabia’s oil minister, Khalid Al-Falih, and his Iraqi counterpart, Jabbar al-Luaibi, lent support to … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on November 3, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.09% against the USD and closed at USD17.13 per ounce. In the Asian session, at GMT0400, the pair is trading at USD17.14 per ounce, with Silver trading 0.06% higher … Continue reading →

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