Crude Oil: Oil reverses its losses in the morning session

Posted on May 4, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.92% against the USD and closed at USD47.64 per barrel, on the back of disappointing EIA inventories data. The Energy Information Administration (EIA) disclosed that US crude … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on May 4, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.22% against the USD and closed at USD16.49 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.57, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on May 4, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.44% against the USD and closed at USD1238.90 per ounce, amid a broad strength in the greenback after the US Fed hinted that it could tighten monetary policy as … Continue reading →

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

Posted on May 3, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.35% against the USD and closed at USD48.08 per barrel, as rising crude output in Libya and reports of lower output-cut compliance among OPEC members in April … Continue reading →

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Silver: White metal trading on a stronger footing in the morning session

Posted on May 3, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.18% against the USD and closed at USD16.86 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.88, with the silver trading 0.09% higher from … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on May 3, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly rose against the USD and closed at USD1257.40 per ounce. In the Asian session, at GMT0300, the pair is trading at 1257.20, with the gold trading marginally lower from … Continue reading →

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Crude Oil: Oil trading slightly higher in the Asian session