Silver: White metal reverses its gains in the morning session

Posted on June 28, 2016 by GCI Financial

Silver Movement Silver prices rose 0.08% to USD 17.84 per ounce during the 24 hours ending 23:00GMT, amid a rise in the safe haven demand of the precious metals. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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

Posted on June 28, 2016 by GCI Financial

Gold Movement Gold prices traded 0.69% higher against the USD in the 24-hour period ending 23:00GMT, at USD1328.20 per ounce, amid a broad weakness in global equity markets in the wake of Britain’s decision to exit the European Union. Separately, holdings … Continue reading →

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Crude Oil: Oil extends its losses in the morning session

Posted on June 27, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 4.78% against the USD for the 24-hour period ending 23:00GMT, closing at 47.60, after Britain’s vote to leave the European Union threatened to cut short a three-month-long recovery in global oil markets. Separately, … Continue reading →

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

Posted on June 27, 2016 by GCI Financial

Silver Movement Silver prices rose 2.56% to USD 17.82 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 17.77, with the silver trading 0.25% lower … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on June 27, 2016 by GCI Financial

Gold Movement Gold prices traded 4.74% higher against the USD in the 24-hour period ending 23:00GMT, at USD1321.30 per ounce, ending a four-day losing streak and surging to a two-year high level, as investors scurried towards the safe-haven asset following … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on June 24, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.05% against the USD for the 24-hour period ending 23:00GMT, closing at 49.99, after oscillating between gains and losses throughout the trading session. Yesterday, Saudi Arabia’s energy minister, Khalid Al-Falih, indicated that the … Continue reading →

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Silver: White metal trading higher this morning

Posted on June 24, 2016 by GCI Financial

Silver Movement Silver prices rose 0.43% to USD 17.37 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.68, with the silver trading 1.76% higher from yesterday’s close. The pair … Continue reading →

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

Posted on June 24, 2016 by GCI Financial

Gold Movement Gold prices traded 0.22% lower against the USD in the 24-hour period ending 23:00GMT, at USD1261.50 per ounce, dropping for the fourth consecutive session. In the Asian session, at GMT0300, the pair is trading at 1302.90, with the … Continue reading →

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

Posted on June 23, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.59% against the USD for the 24-hour period ending 23:00GMT, closing at 49.47, after a smaller-than-expected drawdown in US inventories. Yesterday, the Energy Information Administration (EIA) report indicated that US crude oil inventories … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on June 23, 2016 by GCI Financial

Silver Movement Silver prices rose 0.14% to USD 17.30 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.335, with the silver trading 0.23% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on June 23, 2016 by GCI Financial

Gold Movement Gold prices traded 0.54% lower against the USD in the 24-hour period ending 23:00GMT, at USD 1264.30 per ounce, for the third consecutive session, as expectations that Britain will vote to remain in the European Union dented demand … Continue reading →

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