Gold: Yellow metal trading slightly higher in the Asian session

Posted on February 24, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.02% against the USD and closed at USD1250.70 per ounce, amid a broad weakness in the greenback, after the latest Federal Reserve monetary policy meeting minutes dampened expectations of … Continue reading →

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Crude Oil: Oil trading between its MA’s, ahead of EIA’s crude oil inventory data

Posted on February 23, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.75% against the USD and closed at USD53.92 per barrel. However, oil prices pared losses later in the session after the American Petroleum Institute (API) report showed … Continue reading →

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Silver: White metal trading flat in the morning session

Posted on February 23, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.11% against the USD and closed at USD18.06 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.06, with the … Continue reading →

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

Posted on February 23, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.13% against the USD and closed at USD1238.20 per ounce, after the recent FOMC minutes suggested a cautious approach to interest rate hikes, amid uncertainty about the new US … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on February 22, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.27% against the USD and closed at USD54.33 per barrel, after the Organization of Petroleum Exporting Countries (OPEC) Secretary-General, Mohammad Barkindo, stated that the group intends to … Continue reading →

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Silver: White metal trading marginally higher in the Asian session

Posted on February 22, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.41% against the USD and closed at USD18.04 per ounce. In the Asian session, at GMT0400, the pair is trading at 18.05, with the silver trading slightly higher from … Continue reading →

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

Posted on February 22, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.14% against the USD and closed at USD1236.70 per ounce, as renewed expectations of an increase in US interest rates next month pushed the US Dollar higher. In the … Continue reading →

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Crude Oil: Oil trading higher in the morning session

Posted on February 21, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.41% against the USD and closed at USD53.65 per barrel, propelled by fresh data showing a decline in Saudi Arabian oil exports in December. Saudi Arabia’s crude … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on February 21, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.56% against the USD and closed at USD18.12 per ounce. In the Asian session, at GMT0400, the pair is trading at 18.04, 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 February 21, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.32% against the USD and closed at USD1238.50 per ounce, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1233.90, with the … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on February 20, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.13% against the USD and closed at USD53.36 per barrel on Friday, after Baker Hughes disclosed that active oil rigs in the US rose by 6 to … Continue reading →

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