Gold: Yellow metal trading on a stronger footing this morning

Posted on August 18, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.15% against the USD and closed at USD1354.7 per ounce, after the FOMC minutes showed that policymakers were split over a rate hike in September. In the Asian session, … Continue reading →

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Crude Oil: Oil trading on a weaker footing, ahead of the EIA’s weekly crude oil inventory data

Posted on August 17, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.62% against the USD and closed at USD46.36 per barrel, after the American Petroleum Institute (API) revealed that US crude stockpiles fell more-than-expected by 1.0 million barrels … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on August 17, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.08% against the USD and closed at 19.83. In the Asian session, at GMT0300, the pair is trading at 19.845, with the silver trading 0.1% higher from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on August 17, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.44% against the USD and closed at USD1351.8 per ounce, as weakness in the US Dollar increased the demand for the precious metal. 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 August 16, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.65% against the USD and closed at USD45.62 per barrel, as speculations intensified that major oil producers would agree to freeze production. In the Asian session, at … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 16, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.23% against the USD and closed at 19.84, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.91, with the silver trading … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on August 16, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.07% against the USD and closed at USD1344.9 per ounce, amid a weaker greenback. In the Asian session, at GMT0300, the pair is trading at 1350.1, with the gold … Continue reading →

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Crude Oil: Oil extends its gains in the Asian session

Posted on August 15, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.52% against the USD and closed at USD 44.70 per barrel, amid rising speculations that the Organisation of the Petroleum Exporting Countries (OPEC) will meet soon to … Continue reading →

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

Posted on August 15, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.4% against the USD and closed at 19.70. In the Asian session, at GMT0300, the pair is trading at 19.82, with the silver trading 0.61% higher from Friday’s close. … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on August 15, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.3% against the USD and closed at USD 1340.3 per ounce, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1344.2, with … Continue reading →

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

Posted on August 12, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 5.06% against the USD and closed at 43.60, after the International Energy Agency (IEA) forecasted that crude markets would tighten in the second half of this year. … Continue reading →

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