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

Posted on July 22, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.17% against the USD and closed at 44.66, surrendering its previous session gains amid rising supply glut concerns. In the Asian session, at GMT0300, the pair is … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on July 22, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.74% against the USD and closed at 19.90, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.84, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a weaker footing in the Asian session

Posted on July 22, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.29% against the USD and closed at USD1331.2 per ounce, recovering from a one-month low level after the ECB vowed to maintain rates unchanged at record low level. In … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on July 21, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.29% against the USD and closed at 45.65, after the Energy Information Administration (EIA) disclosed that US crude stockpiles fell 2.3 million barrels to 519.6 million barrels … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on July 21, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.91% against the USD and closed at 19.37, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.34, with the silver trading … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on July 21, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.23% against the USD and closed at USD1315.8 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1314.2, … Continue reading →

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Crude Oil: Oil reverses its losses, ahead of the EIA weekly crude oil inventory data

Posted on July 20, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.39% against the USD and closed at 44.63, amid strength in the greenback. Yesterday, the American Petroleum Institute (API) reported that US crude stockpiles fell by 2.3 … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on July 20, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.62% against the USD and closed at 19.95, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at 19.97, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on July 20, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.29% against the USD and closed at USD1332.5 per ounce, after weakness in global equities increased the demand for the precious yellow metal. In the Asian session, at GMT0300, … Continue reading →

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

Posted on July 19, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.16% against the USD and closed at 45.28, on renewed supply glut concerns. Data intelligence company, Genscape, reported that the Cushing, Oklahoma delivery hub for US crude … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on July 19, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.86% against the USD and closed at 20.12, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.98, with the silver trading … Continue reading →

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