Gold: Yellow metal trading on a stronger footing this morning

Posted on January 10, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.48% against the USD and closed at USD1181.20 per ounce, as weakness in the greenback increased demand for the precious yellow metal. In the Asian session, at GMT0400, the … Continue reading →

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Crude Oil: Oil trading between its MA’s

Posted on January 9, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil marginally rose against the USD and closed at USD53.75 per barrel on Friday. Meanwhile, Baker Hughes disclosed that US oil rigs increased by 4 to 529 last week. … Continue reading →

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Silver: White metal reversed its losses in the morning session

Posted on January 9, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.96% against the USD and closed at USD16.47 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.50, … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on January 9, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.68% against the USD and closed at USD1172.50 per ounce on Friday, after robust wage gains in the US led to strength in the US Dollar and increased investor … Continue reading →

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Crude Oil: Oil trading flat in the morning session

Posted on January 6, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.71% against the USD and closed at USD53.73 per barrel, after the Energy Information Administration (EIA) disclosed that US crude stockpiles declined 7.1 million barrels to 479.0 … Continue reading →

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

Posted on January 6, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.88% against the USD and closed at USD16.63 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.63, with the … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on January 6, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold advanced 1.44% against the USD and closed at USD1180.90 per ounce, as the US Dollar weakened following disappointing private sector employment data in the US. In the Asian session, at … Continue reading →

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Crude Oil: Oil trading on a weaker footing, ahead of EIA’s weekly crude oil inventory data

Posted on January 5, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.58% against the USD and closed at USD53.35 per barrel, after the American Petroleum Institute (API) reported a more-than-expected draw of 7.4 million barrels in US crude … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on January 5, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.79% against the USD and closed at USD16.49 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.64, with the … Continue reading →

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Gold: Yellow metal extended its gains in the Asian session

Posted on January 5, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.4% against the USD and closed at USD1164.20 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1173.90, … Continue reading →

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

Posted on January 4, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.85% against the USD and closed at USD52.52 per barrel, pressured by strength in the US dollar. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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