Gold: Yellow metal trading higher in the Asian session

Posted on November 21, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.68% against the USD and closed at USD1208.10 per ounce on Friday, as a broad strength in the greenback and growing expectations that the US Fed will announce an … Continue reading →

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Crude Oil: Oil extends its losses, ahead of Baker Hughes weekly rig count data

Posted on November 18, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.73% against the USD and closed at USD45.08, amid strength in the greenback. Meanwhile, the Saudi Arabia Energy Minister, Khalid al-Falih, expressed optimism over Organization of the … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on November 18, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.8% against the and closed at 16.67, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.61, with the silver trading 0.39% … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on November 18, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold declined 0.78% against the USD and closed at USD1216.00 per ounce, amid gains in the greenback, after hawkish comments from the US Fed Chair, Janet Yellen, increased the prospects … Continue reading →

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Crude Oil: Oil trading a tad higher in the Asian session

Posted on November 17, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.7% against the USD and closed at USD45.41 per barrel, after flipping between gains and losses, after the Energy Information Administration (EIA) stated that US crude stockpiles … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on November 17, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.56% against the USD and closed at USD16.98. In the Asian session, at GMT0400, the pair is trading at 16.96, with the silver trading 0.09% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on November 17, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.27% against the USD and closed at USD1225.00 per ounce, as the US Dollar surged to its highest level in 14 years against its major peers. In the Asian … Continue reading →

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Crude Oil: Oil reverses its gains, ahead of EIA’s weekly crude oil inventories data

Posted on November 16, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil climbed 4.86% against the USD and closed at USD45.73 per barrel, amid mounting expectations that the Organization of the Petroleum Exporting Countries (OPEC) will agree to cut production … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on November 16, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.95% against the and closed at 17.07, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.19, with the silver trading 0.67% … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on November 16, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.57% against the USD and closed at USD1228.40 per ounce, as uncertainty spurred over the economic policies of US President-elect Donald Trump. In the Asian session, at GMT0400, the … Continue reading →

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Crude Oil: Oil trading higher in the morning session

Posted on November 15, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.51% against the USD and closed at USD43.61 per barrel, giving up its earlier losses, after news emerged that OPEC members were seeking to resolve their differences … Continue reading →

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