Crude Oil: Oil trading on a stronger footing in the morning session

Posted on March 16, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.36% against the USD and closed at USD49.10 per barrel, after the Energy Information Administration (EIA) report showed that US crude oil inventories surprisingly fell 0.24 million … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on March 16, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.55% against the USD and closed at USD17.33 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.46, with the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on March 16, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.64% against the USD and closed at USD1218.60 per ounce, as the US Dollar tumbled after the Federal Reserve signalled a cautious stance on interest rate policy this year. … Continue reading →

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Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude oil inventory data

Posted on March 15, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.12% against the USD and closed at USD48.44 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories surprisingly fell 0.53 million barrels … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on March 15, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.24% against the USD and closed at USD16.90 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.94, with the … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on March 15, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.24% against the USD and closed at USD1198.80 per ounce, on expectations of an interest rate hike by the US Federal Reserve later today. In the Asian session, at … Continue reading →

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Crude Oil: Oil extends its gains in the Asian session

Posted on March 14, 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 USD48.38 per barrel, reversing previous session losses. However, gains in oil prices were capped, as rising US oil production offset … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on March 14, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.7% against the USD and closed at USD16.94 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.99, with the silver trading 0.32% higher against … Continue reading →

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Gold: Yellow metal trading a tad lower this morning

Posted on March 14, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.19% against the USD and closed at USD1203.60 per ounce, pressured by expectations of an interest rate hike by the Federal Reserve at its latest monetary policy meeting, starting … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on March 13, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.2% against the USD and closed at USD48.45 per barrel on Friday, after Baker Hughes disclosed that US crude oil rig count rose by 8 to a … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on March 13, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver slightly rose against the USD and closed at USD16.99 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 17.07, with the white metal trading … Continue reading →

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