Gold: Yellow metal trading higher this morning

Posted on July 4, 2016 by GCI Financial

Gold Movement Gold prices traded 1.42% higher against the USD in the 24-hour period ending 23:00GMT, at USD1342.30 per ounce, extending its gains for the third consecutive session, amid a broad weakness in the greenback. Separately, holdings in SPDR Gold … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading below its MA’s

Posted on July 1, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.12% against the USD for the 24-hour period ending 23:00GMT, closing at 48.45, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 48.63, with … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher this morning

Posted on July 1, 2016 by GCI Financial

Silver Movement Silver prices rose 2.72% to USD18.85 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.065, with the silver trading 1.14% higher from … Continue reading →

Posted in Silver | Comments Off

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

Posted on July 1, 2016 by GCI Financial

Gold Movement Gold prices traded 0.57% higher against the USD in the 24-hour period ending 23:00GMT, at USD1325.70 per ounce, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1330.7, with the gold … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading on a weaker footing in the Asian session

Posted on June 30, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices rallied 2.65% against the USD for the 24-hour period ending 23:00GMT, closing at 49.50, following a larger-than-expected drawdown in US crude inventories. Yesterday, the Energy Information Administration (EIA) report indicated that US crude stockpiles … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains in the morning session

Posted on June 30, 2016 by GCI Financial

Silver Movement Silver prices rose 2.71% to USD 18.35 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.41, with the silver trading 0.33% higher … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading a tad higher this morning

Posted on June 30, 2016 by GCI Financial

Gold Movement Gold prices traded 0.12% higher against the USD in the 24-hour period ending 23:00GMT, at USD1318.20 per ounce, reversing its previous session losses, amid a broad weakness in the greenback. Separately, holdings in SPDR Gold Trust, the world’s … Continue reading →

Posted in Gold | Comments Off

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

Posted on June 29, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices jumped 3.30% against the USD for the 24-hour period ending 23:00GMT, closing at 48.22, climbing for the first time in three sessions, as a potential strike by Norwegian oil workers threatened to cut crude … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on June 29, 2016 by GCI Financial

Silver Movement Silver prices rose 0.17% to USD 17.87 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 18.085, with the silver trading 1.23% higher from yesterday’s close, tracking gains … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the morning session

Posted on June 29, 2016 by GCI Financial

Gold Movement Gold prices traded 0.87% lower against the USD in the 24-hour period ending 23:00GMT, at USD1316.60 per ounce, amid a broad rally in global equity markets. In the Asian session, at GMT0300, the pair is trading at 1322.70, … Continue reading →

Posted in Gold | Comments Off

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

Posted on June 28, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.87% against the USD for the 24-hour period ending 23:00GMT, closing at 46.68, extending its previous session losses, as Britain’s shocking vote to leave the European Union continued to weigh on market sentiment. … Continue reading →

Posted in Crude Oil | Comments Off