Gold: Yellow metal trading on a stronger footing this morning

Posted on July 18, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.29% against the USD and closed at USD1234.00 per ounce, amid speculation that the Federal Reserve may show reluctance to hike interest rate further this year. In the Asian … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on July 17, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.11% against the USD and closed at USD46.61 per barrel on Friday, lifted by mounting hopes for stronger global oil demand this year. However, gains in crude … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on July 17, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.85% against the USD and closed at USD15.95 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.00, … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on July 17, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.95% against the USD and closed at USD1228.30 per ounce on Friday, amid a broad weakness in the greenback following a batch of lacklustre economic data in the US. … Continue reading →

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

Posted on July 14, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.63% against the USD and closed at USD46.10 per barrel, after the International Energy Agency (IEA) forecasted higher global demand for crude this year. The IEA in … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on July 14, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.39% against the USD and closed at USD15.66 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.62, with the … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on July 14, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.07% against the USD and closed at USD1217.10 per ounce, as strength in global equities dampened demand for the precious yellow metal. In the Asian session, at GMT0300, the … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on July 13, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.03% against the USD and closed at USD45.36 per barrel, after the Organisation of the Petroleum Exporting Countries (OPEC) stated that its output rose by 393,000 barrels … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on July 13, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.41% against the USD and closed at USD15.88 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.94, with the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on July 13, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.16% against the USD and closed at USD1218.30 per ounce, after the Federal Reserve Chair, Janet Yellen, indicated that the central bank would only gradually tighten its monetary policy. … Continue reading →

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

Posted on July 12, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.92% against the USD and closed at USD45.83 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories plunged by 8.1 million barrels … Continue reading →

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