Crude Oil: Oil trading lower, ahead of OPEC’s meeting

Posted on September 22, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.08% against the USD and closed at USD50.71 per barrel, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 50.59, … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on September 22, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.87% against the USD and closed at USD17.02 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.10, with the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading higher in the Asian session

Posted on September 22, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.69% against the USD and closed at USD1295.00 per ounce, as prospects of another Fed interest rate hike this year continued to dent demand for the precious yellow metal. … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading on a weaker footing this morning

Posted on September 21, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.91% against the USD and closed at USD50.75 per barrel, amid mounting speculation that OPEC and non-OPEC members would agree to extend its production-cut deal beyond March … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses in the Asian session

Posted on September 21, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.04% against the USD and closed at USD17.17 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.14, with the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the morning session

Posted on September 21, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.75% against the USD and closed at USD1304.60 per ounce, as the greenback strengthened after the US Fed left the door open for another interest rate hike in December. … Continue reading →

Posted in Gold | Comments Off

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

Posted on September 20, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.34% against the USD and closed at USD49.80 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 1.4 million barrels … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on September 20, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.46% against the USD and closed at USD17.35 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.35, with the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Posted on September 20, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.18% against the USD and closed at USD1314.40 per ounce, after oscillating between gains and losses. In the Asian session, at GMT0300, the pair is trading at 1315.80, with … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil reverses its gains, ahead of API’s weekly crude oil inventories data

Posted on September 19, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD49.97 per barrel, on renewed optimism over crude demand outlook as US refineries continued to restart after getting knocked out … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on September 19, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.21% against the USD and closed at USD17.27 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.21, with the … Continue reading →

Posted in Silver | Comments Off