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

Posted on October 25, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.26% against the USD and closed at USD50.46 per barrel, after Iraq, the second largest producer in the Organization of the Petroleum Exporting Countries (OPEC), showed its … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on October 25, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.57% against the USD and closed at USD17.60, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 17.64, with the silver trading … Continue reading →

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Gold: Yellow metal trading marginally higher in the Asian session

Posted on October 25, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose slightly against the USD and closed at USD1264.80 per ounce. In the Asian session, at GMT0300, the pair is trading at 1265.40, with the gold trading a tad higher … Continue reading →

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Crude Oil: Oil reverses its gains in the morning session

Posted on October 24, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.45% against the USD and closed at USD50.88 on Friday, as upbeat comments from Russian Energy Minister boosted investor sentiment. The Russian Energy Minister, Alexander Novak, stated … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on October 24, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined marginally against the USD and closed at USD17.54 on Friday. In the Asian session, at GMT0300, the pair is trading at 17.50, with the silver trading 0.23% lower from … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on October 24, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.09% against the USD and closed at USD1268.10 per ounce on Friday, as uncertainty surrounding the outcome of the US Presidential election increased demand for the precious yellow metal. … Continue reading →

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

Posted on October 21, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.59% against the USD and closed at USD50.65, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 50.39, with the … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on October 21, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.96% against the USD and closed at USD17.55, following losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.44, with the silver trading … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on October 21, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.33% against the USD and closed at USD1266.80 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1263.40, with the … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on October 20, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.34% against the USD and closed at USD51.47 per barrel, after the US Energy Information Administration (EIA) reported that US crude stockpiles surprisingly dropped by 5.2 million … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on October 20, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.48% against the USD and closed at USD17.72, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.73, with the silver trading … Continue reading →

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