Gold: Yellow metal trading higher in the morning session

Posted on August 17, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.92% against the USD and closed at USD1289.40 per ounce, amid a broad weakness in the greenback following dovish Fed minutes and fresh political unrest in the US. In … Continue reading →

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Crude Oil: Oil trading between its MA’s, ahead of EIA’s weekly crude oil inventories data

Posted on August 16, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.21% against the USD and closed at USD47.69 per barrel, after the American Petroleum Institute (API) reported a massive draw of 9.2 million barrels in US crude … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 16, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.41% against the USD and closed at USD16.63 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.67, with the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on August 16, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.74% against the USD and closed at USD1277.30 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1278.50, … Continue reading →

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

Posted on August 15, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.46% against the USD and closed at USD47.59 per barrel, after news of a slowdown in Chinese refining activity raised concerns over demand for crude oil in … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on August 15, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.2% against the USD and closed at USD17.04 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.89, with the … Continue reading →

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

Posted on August 15, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.49% against the USD and closed at USD1286.90 per ounce, amid a broad strength in the greenback as concerns of a possible nuclear war between the US and North … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on August 14, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.41% against the USD and closed at USD48.76 per barrel on Friday, after the International Energy Agency (IEA) stated that global oil demand will grow more-than-expected this … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on August 14, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.09% against the USD and closed at USD17.11 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 17.08, with the silver trading 0.2% … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on August 14, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.3% against the USD and closed at USD1296.30 per ounce on Friday, lifted by a broad weakness in the US Dollar and the US-North Korean geopolitical tensions. In the … Continue reading →

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

Posted on August 11, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.08% against the USD and closed at USD48.56 per barrel, after the Organisation of the Petroleum Exporting Countries (OPEC), reported an increase in its July oil output … Continue reading →

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