Crude Oil: Oil extends its gains in the morning session, ahead of Baker Hughes rig count data

Posted on May 19, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.59% against the USD and closed at USD49.37 per barrel, on mounting optimism that the Organisation of the Petroleum Exporting Countries (OPEC) is leaning towards extending deal … Continue reading →

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Silver: White metal trading higher this morning

Posted on May 19, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.8% against the USD and closed at USD16.61 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.63, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on May 19, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.13% against the USD and closed at USD1246.80 per ounce, as robust US economic data dented 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 weaker footing this morning

Posted on May 18, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.66% against the USD and closed at USD49.08 per barrel, after the Energy Information Administration (EIA) reported a drop in US crude oil inventories for sixth straight … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on May 18, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.24% against the USD and closed at USD16.91 per ounce, tracking gains 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 lower in the Asian session

Posted on May 18, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.75% against the USD and closed at USD1260.70 per ounce, amid weakness in the greenback following concerns over US political turmoil. Also, a broad decline in global equities boosted … Continue reading →

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

Posted on May 17, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD48.28 per barrel, after the International Energy Agency (IEA) warned that an extension to the OPEC-led production cut agreement would … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on May 17, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.5% against the USD and closed at USD16.87 per ounce, tracking gains 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 extends its gains in the Asian session

Posted on May 17, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.49% against the USD and closed at USD1236.80 per ounce, amid weakness in the greenback in the wake of reports that the US President, Donald Trump, shared classified information … Continue reading →

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Crude Oil: Oil extends its gains in the morning session

Posted on May 16, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.11% against the USD and closed at USD48.91 per barrel, after Energy Ministers from Saudi Arabia and Russia endorsed for a nine-month extension to OPEC’s crude production … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on May 16, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.79% against the USD and closed at USD16.62 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.71, with the silver trading 0.51% higher from … Continue reading →

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