Gold: Yellow metal trading higher in the Asian session

Posted on March 13, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.09% against the USD and closed at USD1201.90 per ounce on Friday, amid a broad weakness in the greenback. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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Crude Oil: Oil reverses its losses in the morning session, ahead of Baker Hughes weekly rig count data

Posted on March 10, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.41% against the USD and closed at USD49.54 per barrel, amid persistent concerns about record levels of US crude oil inventories. In the Asian session, at GMT0400, … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on March 10, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.71% against the USD and closed at USD16.99 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.92, with the silver trading 0.41% lower from … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 10, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.62% against the USD and closed at USD1200.90 per ounce, as concerns about an imminent rate hike by the Fed next week weighed on the yellow metal. In the … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on March 9, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil tumbled 4.94% against the USD and closed at USD50.25 per barrel, after the Energy Information Administration (EIA) recorded a build of 8.21 million barrels in US crude inventories … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on March 9, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.37% against the USD and closed at USD17.28 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.22, with the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on March 9, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.66% against the USD and closed at USD1208.10 per ounce, as the US Dollar strengthened after robust US private sector jobs data for February increased the odds of a … Continue reading →

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Crude Oil: Oil trading marginally lower, ahead of EIA’s crude oil inventory data

Posted on March 8, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.68% against the USD and closed at USD52.86 per barrel, after the American Petroleum Institute (API) reported that US crude stockpiles jumped 11.6 million barrels to 526.8 … Continue reading →

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Silver: White metal trading a tad higher in the morning session

Posted on March 8, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.66% against the USD and closed at USD17.52 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.53, with the silver trading marginally higher from … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on March 8, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.83% against the USD and closed at USD1215.90 per ounce, extending its previous session losses, amid strength in the greenback and expectations for a rate hike next week. In … Continue reading →

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Crude Oil: Oil reverses its gains in the morning session

Posted on March 7, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.08% against the USD and closed at USD53.24 per barrel. However, gains in crude prices were kept in check, after the International Energy Agency (IEA) forecasted that … Continue reading →

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