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

Posted on August 23, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD47.39 per barrel, pressured by rising expectations of higher crude exports from Iraq and Nigeria. In the Asian session, at … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on August 23, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.56% against the USD and closed at 19.01, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.09, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on August 23, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.36% against the USD and closed at 1342.8 per ounce, amid weakness in global equities. In the Asian session, at GMT0300, the pair is trading at 1341.4, with the … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on August 22, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.43% against the USD and closed at USD48.49 per barrel, notching its seven-week high level. Separately, the Baker Hughes disclosed that US oil rig count rose by … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on August 22, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.18% against the USD and closed at 19.30. In the Asian session, at GMT0300, the pair is trading at 18.89, with the silver trading 2.1% lower from Friday’s close. … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on August 22, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.74% against the USD and closed at USD1347.3 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1337, with the … Continue reading →

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Crude Oil: Oil trading flat, ahead of the Baker Hughes weekly oil rig count data

Posted on August 19, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.05% against the USD and closed at USD48.28 per barrel, amid mounting hopes that Saudi Arabia and Russia will agree to curb production. In the Asian session, … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 19, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.2% against the USD and closed at 19.73. In the Asian session, at GMT0300, the pair is trading at 19.62, with the silver trading 0.53% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on August 19, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.11% against the USD and closed at USD1357.5 per ounce, amid rising speculation that US Fed will slow down the pace of interest rate hikes. In the Asian session, … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on August 18, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.06% against the USD and closed at USD46.85 per barrel, after the Energy Information Administration (EIA) disclosed that the US crude oil inventories unexpectedly dropped by 2.5 … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on August 18, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.30% against the USD and closed at 19.77. In the Asian session, at GMT0300, the pair is trading at 19.875, with the silver trading 0.56% higher from yesterday’s close, … Continue reading →

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