Silver: White metal extends its losses in the Asian session

Posted on September 14, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.33% against the USD and closed at USD18.96, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.91, with the silver trading … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading a tad higher this morning

Posted on September 14, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.79% against the USD and closed at USD1321.80 per ounce, amid a broad strength in the greenback. Holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, fell … Continue reading →

Posted in Gold | Comments Off

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

Posted on September 13, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.72% against the USD for the 24-hour period ending 23:00GMT, closing at USD46.04 per barrel, reversing its previous session losses, amid a broad weakness in the greenback. In the Asian session, at GMT0300, … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing in the Asian session

Posted on September 13, 2016 by GCI Financial

Silver Movement Silver prices rose 0.44% to USD 19.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 19.30, with the silver trading 0.44% higher from yesterday’s close, extending its … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Posted on September 13, 2016 by GCI Financial

Gold Movement Gold prices traded marginally lower against the USD in the 24-hour period ending 23:00GMT, at USD1331.30 per ounce. However, gold prices pared losses, after a top US Federal Reserve official quelled expectations of an interest rate hike this … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil extends its losses in the Asian session

Posted on September 12, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices plunged 3.40% against the USD for the 24-hour period ending 23:00GMT on Friday, closing at 45.69, after Baker Hughes reported that the number of active US oil rigs rose by 7 during the week … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading lower this morning

Posted on September 12, 2016 by GCI Financial

Silver Movement Silver prices declined 2.87% to USD19.13 per ounce during the 24 hours ending 23:00GMT on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.97, with the silver trading 0.84% … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a weaker footing in the morning session

Posted on September 12, 2016 by GCI Financial

Gold Movement Gold prices traded 0.63% lower against the USD in the 24-hour period ending 23:00GMT on Friday, at USD1333.50 per ounce, as the greenback strengthened across the board after a top Federal Reserve official’s hawkish comments on US interest rate. … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading above its MA’s

Posted on September 9, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.58% against the USD for the 24-hour period ending 23:00GMT, closing at USD47.30 per barrel, after the Energy Information Administration (EIA) reported that US crude stockpiles surprisingly dropped 14.5 million barrels to 511.4 … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing in the morning session

Posted on September 9, 2016 by GCI Financial

Silver Movement Silver prices declined 0.93% to USD 19.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 19.685, with the silver trading marginally lower from yesterday’s close. The pair … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading higher this morning

Posted on September 9, 2016 by GCI Financial

Gold Movement Gold prices traded 0.52% lower against the USD in the 24-hour period ending 23:00GMT, at USD1342.00 per ounce, extending its previous session losses. Holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, declined 0.13% to 950.62 … Continue reading →

Posted in Gold | Comments Off