Silver: White metal trading lower in the Asian session

Posted on July 28, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.61% against the USD and closed at 20.39, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.31, with the silver trading … Continue reading →

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Gold: Yellow metal reverses its gains this morning

Posted on July 28, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.44% against the USD and closed at USD1346.2 per ounce, after the US Fed hinted that the benchmark interest rates would be raised in September this year. However, the … Continue reading →

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

Posted on July 27, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.18% against the USD and closed at 42.72, after the latest American Petroleum Institute (API) weekly crude stockpiles data recorded a smaller-than-expected draw of 0.8million barrels to … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on July 27, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined marginally against the USD and closed at 19.68. In the Asian session, at GMT0300, the pair is trading at 19.62, with the silver trading 0.3% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on July 27, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.19% against the USD and closed at USD1327.0 per ounce, with investors getting cautious ahead of the US Fed interest rate decision, due tonight. In the Asian session, at … Continue reading →

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

Posted on July 26, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.33% against the USD and closed at 43.23, as fading global demand led to renewed fears of global crude glut. In the Asian session, at GMT0300, the … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 26, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver remained flat against the USD and closed at 19.69. In the Asian session, at GMT0300, the pair is trading at 19.62, with the silver trading 0.38% lower from yesterday’s close. … Continue reading →

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

Posted on July 26, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.54% against the USD and closed at USD1322.9 per ounce, as rising hopes of a US rate hike decreased the safe-haven allure of the yellow metal. In the Asian … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on July 25, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.9% against the USD and closed at 44.26, after data from Baker Hughes showed that US oil drillers added 14 rigs last week to bring the total … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on July 25, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.06% against the USD and closed at 19.69, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.55, with the EUR trading … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on July 25, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.2% against the USD and closed at USD1330.1 per ounce, amid a broad strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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