Gold: Yellow metal extends its gains in the morning session

Posted on August 18, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 2.14% against the USD and closed at USD1990.60 per ounce, after weaknesses in the US dollar and treasury bond yields. In the Asian session, at GMT0300, the pair is … Continue reading →

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Crude Oil: Oil reverses its losses in the Asian session

Posted on August 17, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.47% against the USD and closed at USD42.16 per barrel, amid concerns over energy demand. Meanwhile, the Baker Hughes reported that US oil drilling rig count fell … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on August 17, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.52% against the USD and closed at USD26.70 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 26.57, with silver trading 0.49% lower … Continue reading →

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

Posted on August 17, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.85% against the USD and closed at USD1952.00 per ounce, amid strength in the US Treasury yields. In the Asian session, at GMT0300, the pair is trading at 1951.90, … Continue reading →

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

Posted on August 14, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.52% against the USD and closed at USD42.36 per barrel, after the International Energy Agency (IEA) lowered its forecast for global crude demand in 2020. In the … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on August 14, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 8.64% against the USD and closed at USD27.67 per ounce. In the Asian session, at GMT0300, the pair is trading at 27.36, with silver trading 1.12% lower against the … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on August 14, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.85% against the USD and closed at USD1959.60 per ounce, as the US dollar weakened and amid slow recovery in the US labour market. In the Asian session, at … Continue reading →

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Crude Oil: Oil trading a tad lower in the morning session

Posted on August 13, 2020 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 USD42.58 per barrel, after the Energy Information Administration (EIA) reported that crude oil inventories fell by 4.5 million barrels for … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on August 13, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.08% against the USD and closed at USD25.47 per ounce. In the Asian session, at GMT0300, the pair is trading at 25.98, with silver trading 1.98% higher against the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on August 13, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally rose against the USD and closed at USD1929.30 per ounce, as the US dollar weakened. In the Asian session, at GMT0300, the pair is trading at 1946.10, with gold … Continue reading →

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

Posted on August 12, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.09% against the USD and closed at USD41.57 per barrel. In the Asian session, at GMT0300, the pair is trading at 41.66, with oil trading 0.22% higher … Continue reading →

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