Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Posted on December 9, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.98% against the USD and closed at USD50.95 per barrel, on growing optimism that non-OPEC producers might agree to cut crude output further in an upcoming weekend … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extended its previous session gains this morning

Posted on December 9, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.78% against the USD and closed at USD17.08 per ounce, tracking losses in the precious yellow metal. In the Asian session, at GMT0400, the pair is trading at 17.01, … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a weaker footing this morning

Posted on December 9, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.32% against the USD and closed at USD1172.40 per ounce, as the US Dollar strengthened after the ECB announced an extension to its QE programme until December 2017. In … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil extended its earlier session losses this morning

Posted on December 8, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.0% against the USD and closed at USD49.96 per barrel, as mounting doubts over the effectiveness of OPEC’s production cut deal, dented demand for the commodity. Separately, … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extended its previous session gains this morning

Posted on December 8, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.53% against the USD and closed at USD17.21 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.26, with the white metal trading 0.26% higher … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading higher in the Asian session

Posted on December 8, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.36% against the USD and closed at USD1175.50 per ounce, as weakness in the greenback increased demand for the precious yellow metal. In the Asian session, at GMT0400, the … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil extend its previous session losses this morning

Posted on December 7, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.14% against the USD and closed at USD50.98 per barrel, amid growing doubts that the OPEC would be able to reduce crude supplies after a report indicated … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on December 7, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.09% against the USD and closed at USD16.79 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.76, with the white metal trading 0.15% lower … Continue reading →

Posted in Silver | Comments Off

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

Posted on December 7, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally declined against the USD and closed at USD1171.40 per ounce, amid strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1170.90, with the … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil reverses its losses in the morning session

Posted on December 6, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil retreated 0.27% against the USD and closed at USD51.05 per barrel, after rising to a sixteen-month high following last week’s stunning decision of the Organisation of the Petroleum … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends gains in the Asian session

Posted on December 6, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.12% against the USD and closed at USD16.80 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.89, with the white metal trading 0.54% higher … Continue reading →

Posted in Silver | Comments Off