Crude Oil: Oil trading higher ahead of API’s weekly crude oil inventories data

Posted on March 31, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.39% against the USD and closed at USD20.42 per barrel, amid ongoing oil price war between Saudi Arabia and Russia and as demand for oil declined. In … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on March 31, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.21% against the USD and closed at USD 14.17 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.31, with silver trading 0.99% higher against … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on March 31, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.63% against the USD and closed at USD1642.40 per ounce, amid strength in the greenback and as investors preferred cash to recover losses. In the Asian session, at GMT0300, … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on March 30, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.90% against the USD and closed at USD21.58 per barrel, amid slowdown in global demand. Additionally, Baker Hughes reported that US oil rig count dropped by 40 … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on March 30, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.17% against the USD and closed at USD 14.56 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 14.14, with silver trading 2.88% … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on March 30, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.50% against the USD and closed at USD1657.20 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 1650.40, with gold trading 0.41% lower … Continue reading →

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Crude Oil: Oil trading lower ahead of Baker Hughes weekly rig count data

Posted on March 27, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.45% against the USD and closed at USD 23.18 per barrel, amid growing worries about decline in crude demand . In the Asian session, at GMT0400, the … Continue reading →

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Silver: White metal trading on positive footing in the morning session

Posted on March 27, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.10% against the USD and closed at USD 14.59 per ounce. In the Asian session, at GMT0400, the pair is trading at 14.79, with silver trading 1.37% higher against … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on March 27, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.90% against the USD and closed at USD 1655.20 per ounce, as the US dollar declined after initial jobless claims surged to a record high level. In the Asian … Continue reading →

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Crude Oil: Oil trading lower in the morning session

Posted on March 26, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.54% against the USD and closed at USD 24.26 per barrel, amid optimism surrounding the USD2.00tn economic stimulus package in the US to contain the impact of … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on March 26, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.41% against the USD and closed at USD 14.60 per ounce. In the Asian session, at GMT0400, the pair is trading at 14.62, with silver trading 0.10% higher against … Continue reading →

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