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

Posted on June 21, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.72% against the USD and closed at USD43.46, as news of boosted crude supply by several key producers intensified global supply glut concerns. However, losses in crude … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on June 21, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver marginally rose against the USD and closed at USD16.47 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.49, with the silver trading 0.12% higher against … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on June 21, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly declined against the USD and closed at USD1244.90 per ounce, amid enhanced expectations of another Fed interest rate hike by the year end. In the Asian session, at GMT0300, … Continue reading →

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

Posted on June 20, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.72% against the USD and closed at USD44.22 per barrel, as investors remain grappled with concerns over relentless global supply glut. Meanwhile, Saudi Arabia’s Energy Minister, Khalid … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on June 20, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.96% against the USD and closed at USD16.46 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.53, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on June 20, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.68% against the USD and closed at USD1245.50 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1246.60, with the … Continue reading →

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Crude Oil: Oil trading on weaker footing this morning

Posted on June 19, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.83% against the USD and closed at USD44.70 per barrel on Friday, reversing a three-session losing streak. Separately, Baker Hughes disclosed that active oil rigs in the … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on June 19, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.36% against the USD and closed at USD16.66 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 16.65, with the silver trading 0.09% … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on June 19, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold traded flat against the USD and closed at USD1256.20 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 1254.60, with the gold trading 0.13% … Continue reading →

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

Posted on June 16, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.43% against the USD and closed at USD44.33 per barrel, amid persistent concerns over global supply glut. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on June 16, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.18% against the USD and closed at USD16.72 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.71, with the … Continue reading →

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