Gold: Yellow metal trading higher in the morning session

Posted on October 20, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.55% against the USD and closed at USD1270.30 per ounce, rising for the third straight session. In the Asian session, at GMT0300, the pair is trading at 1273.20, with … Continue reading →

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Crude Oil: Oil trading lower, ahead of the EIA’s weekly crude oil inventory data

Posted on October 19, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.32% against the USD and closed at USD50.79 per barrel, after the American Petroleum Institute (API) reported an unexpected draw of 3.8 million barrels in the US … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on October 19, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.89% against the USD and closed at USD17.63. In the Asian session, at GMT0300, the pair is trading at 17.65, with the silver trading 0.11% higher from yesterday’s close. … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on October 19, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.54% against the USD and closed at USD1263.00 per ounce, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1264.50, with the … Continue reading →

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Crude Oil: Oil trading between its MA’s

Posted on October 18, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.06% against the USD and closed at USD50.13, led by expectations of an OPEC intervention next month to curb production. In the Asian session, at GMT0300, the … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on October 18, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.29% against the USD and closed at USD17.48, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.60, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on October 18, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.17% against the USD and closed at USD1256.10 per ounce, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1260.00, with the … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on October 17, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.57% against the USD and closed at USD50.31 per barrel on Friday, after Baker Hughes reported that the number of active oil rigs in the US increased … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on October 17, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.4% against the USD and closed at USD17.45 on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.43, with the … Continue reading →

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

Posted on October 17, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.48% against the USD and closed at USD1253.50 per ounce on Friday, amid gains in the US Dollar and as a rise in global equities dented the allure of … Continue reading →

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Crude Oil: Oil trading on a weaker footing, ahead of the Baker Hughes weekly rig count data

Posted on October 14, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.5% against the USD and closed at USD50.60 per barrel. Separately, the Energy Information Administration (EIA) disclosed that US crude stockpiles swelled 4.9 million barrels to 504.6 … Continue reading →

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