Gold: Yellow metal extends its gains in the morning session

Posted on April 14, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.73% against the USD and closed at USD1762.50 per ounce, as growing concerns about the economic impact increased demand for the safe haven asset. In the Asian session, at … Continue reading →

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Crude Oil: Oil trading on a negative footing in the morning session

Posted on April 9, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 6.25% against the USD and closed at USD26.18 per barrel, amid hopes of production cut by Saudi Arabia and Russia. Additionally, the Energy Information Administration (EIA) reported … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on April 9, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.26% against the USD and closed at USD15.22 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.28, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on April 9, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally declined against the USD and closed at USD1678.50 per ounce. In the Asian session, at GMT0300, the pair is trading at 1682.70, with gold trading 0.25% higher against the … Continue reading →

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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on April 8, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 7.78% against the USD and closed at USD24.64 per barrel, on oversupply concerns. Additionally, the American Petroleum Institute (API) reported that crude oil inventories rose by 11.9 … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on April 8, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.26% against the USD and closed at USD15.26 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.25, with silver trading marginally lower against the … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on April 8, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.92% against the USD and closed at USD1681.40 per ounce, amid signs of slowdown in coronavirus cases in some countries. In the Asian session, at GMT0300, the pair is … Continue reading →

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Crude Oil: Oil trading higher ahead of API’s weekly crude inventories data

Posted on April 7, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.19% against the USD and closed at USD26.72 per barrel, after a meeting between Saudi Arabia and Russia on oil production cuts was delayed. In the Asian … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on April 7, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 6.74% against the USD and closed at USD15.45 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.51, with silver … Continue reading →

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

Posted on April 7, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 3.61% against the USD and closed at USD1706.60 per ounce, as growing concerns over the spread of coronavirus boosted demand for the safe haven asset. In the Asian session, … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on April 6, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil jumped 15.93% against the USD and closed at USD28.82 per barrel on Friday, amid hopes that the Organisation of the Petroleum Exporting Countries (OPEC) and its allies would … Continue reading →

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