Crude Oil: Oil reverses its losses this morning, ahead of the API’s weekly crude oil inventories data

Posted on August 22, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.31% against the USD and closed at USD47.42 per barrel, erasing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 47.55, … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on August 22, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.21% against the USD and closed at USD16.99 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.97, with the … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on August 22, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.43% against the USD and closed at USD1296.60 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1293.80, … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on August 21, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.58% against the USD and closed at USD48.64 per barrel on Friday, following reports of a unit shutdown at one of the largest oil refineries in the … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on August 21, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.06% against the USD and closed at USD17.03 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.97, … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on August 21, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.06% against the USD and closed at USD1293.50 per ounce on Friday, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1291.50, … Continue reading →

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

Posted on August 18, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.34% against the USD and closed at USD46.96 per barrel, reversing its previous session losses, after a report showed that oil inventories at the Cushing, Oklahoma hub … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on August 18, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.44% against the USD and closed at USD17.04 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.97, with the silver trading 0.41% lower against … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on August 18, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.37% against the USD and closed at USD1294.00 per ounce, as weakness in global equity markets boosted demand for the precious yellow metal. In the Asian session, at GMT0300, … Continue reading →

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Crude Oil: Oil trading on a stronger footing in the Asian session

Posted on August 17, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.87% against the USD and closed at USD46.80 per barrel, after the Energy Information Administration (EIA) disclosed that weekly crude production in the US jumped to its … Continue reading →

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Silver: White metal trading marginally higher this morning

Posted on August 17, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.89% against the USD and closed at USD17.11 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.12, with the … Continue reading →

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