Crude Oil: Crude trading lower in the Asian session

Posted on August 8, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.31% against the USD and closed at 41.91. However, crude prices paired gains, after the Baker Hughes disclosed that US rig count rose for a sixth straight … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on August 8, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.31% against the USD and closed at 19.73, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.70, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on August 8, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.68% against the USD and closed at USD1344.2 per ounce, as robust US jobs report dented the demand for the safe-haven yellow metal. In the Asian session, at GMT0300, … Continue reading →

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Crude Oil: Oil trading on a weaker, ahead of the Baker Hughes weekly rig count data

Posted on August 5, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.58% against the USD and closed at 41.78, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 41.74, with the … Continue reading →

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Silver: White metal extends its losses this morning

Posted on August 5, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.29% against the USD and closed at 20.40. In the Asian session, at GMT0300, the pair is trading at 20.37, with the silver trading 0.15% lower from yesterday’s close. … Continue reading →

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

Posted on August 5, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.26% against the USD and closed at USD1367.2 per ounce, after the BoE announced a rate cut for the first time since 2009. In the Asian session, at GMT0300, … Continue reading →

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Crude Oil: Oil reverses its gains in the Asian session

Posted on August 4, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.63% against the USD and closed at 41.13. Meanwhile, the Energy Information Administration (EIA) indicated that the US crude oil inventories rose by 1.4 million barrels to … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on August 4, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.99% against the USD and closed at 20.46. In the Asian session, at GMT0300, the pair is trading at 20.255, with the silver trading 1.0% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on August 4, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.39% against the USD and closed at USD1364.2 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1359.6, with the … Continue reading →

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

Posted on August 3, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.15% against the USD and closed at 39.69, extending its previous session losses. However, the American Petroleum Institute (API) disclosed that US crude stockpiles fell by 1.3 … Continue reading →

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Silver: White metal extends its gains this morning

Posted on August 3, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.8% against the USD and closed at 20.67. In the Asian session, at GMT0300, the pair is trading at 20.68, with the silver trading 0.07% higher from yesterday’s close. … Continue reading →

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