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

Posted on September 5, 2016 by GCI Financial

Gold Movement Gold prices traded 0.79% higher against the USD in the 24-hour period ending Friday 23:00GMT, at USD1328.30 per ounce, after weaker-than-expected US non-farm payrolls data lessened the likelihood of a near-term Federal Reserve interest rate hike. In the … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on September 2, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.94% against the USD and closed at USD43.55 per barrel, falling for the fourth consecutive session, as global supply glut concerns resurfaced. Separately, In the Asian session, … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on September 2, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.23% against the USD and closed at 18.98, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.04, with the silver trading … Continue reading →

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

Posted on September 2, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.37% against the USD and closed at USD1317.20 per ounce, after downbeat US manufacturing data raised doubts about a potential US Federal Reserve interest rate hike in the near-term. … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on September 1, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.88% against the USD and closed at USD44.87 per barrel, after the Energy Information Administration (EIA) reported that US crude stockpiles recorded a larger-than-expected build of 2.3 … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on September 1, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.35% against the USD and closed at 18.75. In the Asian session, at GMT0300, the pair is trading at 18.78, with the silver trading 0.16% higher from yesterday’s close. … Continue reading →

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

Posted on September 1, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.16% against the USD and closed at USD1312.60 per ounce, after an upbeat US private sector employment data stoked speculation that the US Federal Reserve would hike interest rate … Continue reading →

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Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude stockpiles data

Posted on August 31, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.76% against the USD and closed at USD46.20 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories recorded a build of 0.94 … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on August 31, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 1.24% against the USD and closed at 18.69, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.77, with the silver … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on August 31, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.9% against the USD and closed at USD1314.5 per ounce, after upbeat US economic data increased speculation that the next US Federal Reserve interest rate hike may come sooner … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on August 30, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.06% against the USD and closed at USD47.03 per barrel, amid speculation that top oil producers would fail to reach an agreement to curb crude output at … Continue reading →

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