Crude Oil: Oil trading on a weaker footing this morning

Posted on October 10, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.9% against the USD and closed at USD49.57 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 gains in the Morning session

Posted on October 10, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.27% against the USD and closed at USD17.53 on Friday, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 17.68, with the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on October 10, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose slightly against the USD and closed at USD1254.60 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 1263.90, with the gold trading 0.74% … Continue reading →

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Crude Oil: Oil reverses its gains in the morning session

Posted on October 7, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.71% against the USD and closed at USD50.53 per barrel, underpinned by news of another informal Organization of the Petroleum Exporting Countries (OPEC) meeting on output cuts. … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on October 7, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.86% against the USD and closed at USD17.31, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.38, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on October 7, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.05% against the USD and closed at USD1256.90 per ounce, amid strength in the greenback following robust US weekly initial jobless claims data. In the Asian session, at GMT0300, … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on October 6, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.04% against the USD and closed at USD49.68 per barrel, after data indicated fifth unexpected weekly draw in crude oil inventories. The Energy Information Administration (EIA) reported … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on October 6, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.25% against the USD and closed at USD17.82. In the Asian session, at GMT0300, the pair is trading at 17.75, with the silver trading 0.36% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on October 6, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.09% against the USD and closed at USD1270.30 per ounce, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1268.40, with the … Continue reading →

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

Posted on October 5, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.84% against the USD and closed at USD49.17, after the American Petroleum Institute (API) reported that US crude oil inventories unexpectedly fell by 7.6 million barrels to … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on October 5, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 5.98% against the USD and closed at USD17.77, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.98, with the silver trading … Continue reading →

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