Gold: Yellow metal trading on a weaker footing this morning

Posted on August 2, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly rose against the USD and closed at USD1275.00 per ounce. In the Asian session, at GMT0300, the pair is trading at 1272.70, with the gold trading 0.18% lower against … Continue reading →

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Crude Oil: Oil trading higher in the Asian session, ahead of API’s weekly crude oil inventories data

Posted on August 1, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.62% against the USD and closed at USD50.15 per barrel, after news emerged that the US is considering stepping up sanctions against Venezuela’s vital oil sector, in … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 1, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.6% against the USD and closed at USD16.80 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.83, with the … Continue reading →

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

Posted on August 1, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.11% against the USD and closed at USD1275.70 per ounce, aided by weakness in the US Dollar and geopolitical tensions on the Korean peninsula. In the Asian session, at … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on July 31, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.2% against the USD and closed at USD49.74 per barrel on Friday, amid soothing fears of global supply glut. Separately, Baker Hughes reported that the number of … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on July 31, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.0% against the USD and closed at USD16.73 on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.71, with the … Continue reading →

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Gold: Gold trading lower in the Asian session

Posted on July 31, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.86% against the USD and closed at USD1276.00, on Friday, amid weakness in the US Dollar and broad losses in equity markets. In the Asian session, at GMT0300, the … Continue reading →

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Crude Oil: Oil trading on a weaker footing, ahead of Baker Hughes weekly rig count data

Posted on July 28, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.01% against the USD and closed at USD49.15 per barrel, as investors continued to cheer data showing a sharp drop in US crude oil inventories. In the … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on July 28, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.3% against the USD and closed at USD16.56 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.56, with the … Continue reading →

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Gold: Yellow metal trading marginally higher in the Asian session

Posted on July 28, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.13% against the USD and closed at USD1265.50 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1265.60, … Continue reading →

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Crude Oil: Oil trading marginally higher in the morning session

Posted on July 27, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.43% against the USD and closed at USD48.66 per barrel, as a surprisingly sharp drop in US crude oil stockpiles boosted investor sentiment. The Energy Information Administration … Continue reading →

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