Gold: Yellow metal reverses its losses in the morning session

Posted on October 5, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 3.39% against the USD and closed at USD1270.10 per ounce, declining for a sixth straight day, amid a broad strength in the greenback. In the Asian session, at GMT0300, … Continue reading →

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

Posted on October 4, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.63% against the USD and closed at USD48.76 per barrel, after Iranian President, Hassan Rouhani, urged other oil producers to join OPEC to stabilise oil market. In … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on October 4, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.3% against the USD and closed at USD18.90, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.84, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on October 4, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.57% against the USD and closed at USD1314.20 per ounce, as robust US manufacturing data for September boosted gains in the greenback. In the Asian session, at GMT0300, the … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on October 3, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.42% against the USD and closed at USD47.99 per barrel on Friday. Separately, the Baker Hughes reported that the number of active oil rigs in the US … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on October 3, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.34% against the USD and closed at USD 19.24 on Friday. In the Asian session, at GMT0300, the pair is trading at 19.30, with the silver trading 0.31% higher … Continue reading →

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

Posted on October 3, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.44% against the USD and closed at USD1319.30 per ounce on Friday, amid strength in global equities. In the Asian session, at GMT0300, the pair is trading at 1318.90, … Continue reading →

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Crude Oil: Oil reverses its gains in the morning session

Posted on September 30, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.38% against the USD and closed at USD47.79 per barrel, after the plan of Organization of the Petroleum Exporting Countries (OPEC) to scale back production lifted investor … Continue reading →

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Silver: White metal trading a tad lower in the Asian session

Posted on September 30, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.57% against the USD and closed at USD19.18. In the Asian session, at GMT0300, the pair is trading at 19.17, with the silver trading marginally lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on September 30, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.12% against the USD and closed at USD1324.80 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1326.90, … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on September 29, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil jumped 5.01% against the USD and closed at USD47.14 per barrel, after the Organization of the Petroleum Exporting Countries (OPEC) reached an agreement to limit crude production at … Continue reading →

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