Crude Oil: Oil trading on a stronger footing this morning

Posted on October 9, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.82% against the USD and closed at USD49.35 per barrel on Friday, on concerns that Tropical Storm Nate would cause refiners on US Gulf Coast to slow … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains in the Asian session

Posted on October 9, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.11% against the USD and closed at USD16.81 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.98, … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading higher in the morning session

Posted on October 9, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.43% against the USD and closed at USD1276.30 per ounce on Friday, as geopolitical tensions resurfaced after a Russian lawmaker hinted that North Korea may be preparing another missile … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil reverses its gains, ahead of Baker Hughes weekly rig count data

Posted on October 6, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.78% against the USD and closed at USD50.78 per barrel, lifted by speculations of an extension for the OPEC’s production cut deal beyond March 2018. In the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on October 6, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver marginally rose against the USD and closed at USD16.63 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.64, with the silver trading 0.09% higher against … Continue reading →

Posted in Silver | Comments Off

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

Posted on October 6, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.49% against the USD and closed at USD1271.10 per ounce, as robust economic data in the US reduced demand for the precious yellow metal. In the Asian session, at … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading on a stronger footing this morning

Posted on October 5, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.32% against the USD and closed at USD49.89 per barrel, after the Energy Information Administration (EIA) reported that US crude exports surged to a record 2.0 million … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading slightly lower in the morning session

Posted on October 5, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.21% against the USD and closed at USD16.62 per ounce, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 16.62, with the … Continue reading →

Posted in Silver | Comments Off

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

Posted on October 5, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.25% against the USD and closed at USD1277.80 per ounce, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1277.10, with the … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading marginally lower, ahead of EIA’s weekly crude oil inventories data

Posted on October 4, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.95% against the USD and closed at USD50.05 per barrel, extending its previous session losses. Separately, the American Petroleum Institute reported that US crude oil inventories fell … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains in the morning session

Posted on October 4, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.18% against the USD and closed at USD16.66 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.75, with the silver trading 0.54% higher against … Continue reading →

Posted in Silver | Comments Off