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

Posted on June 22, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.22% against the USD for the 24-hour period ending 23:00GMT, closing at 50.27, after the American Petroleum Institute (API) reported that US oil inventories fell more-than-expected by 5.2 million barrels to 531.5 million … Continue reading →

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

Posted on June 22, 2016 by GCI Financial

Silver Movement Silver prices declined 1.26% to USD 17.27 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.29, with the silver trading 0.12% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on June 22, 2016 by GCI Financial

Gold Movement Gold prices traded 1.59% lower against the USD in the 24-hour period ending 23:00GMT, at USD1271.20 per ounce, extending its previous session losses, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair … Continue reading →

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

Posted on June 21, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.91% against the USD for the 24-hour period ending 23:00GMT, closing at 49.18, settling higher for a second straight day, amid expectations that Britain will remain in the European Union after this week’s … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on June 21, 2016 by GCI Financial

Silver Movement Silver prices declined 0.17% to USD 17.49 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.53, with the silver trading 0.2% higher from yesterday’s close. The pair … Continue reading →

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

Posted on June 21, 2016 by GCI Financial

Gold Movement Gold prices traded 0.75% lower against the USD in the 24-hour period ending 23:00GMT, at USD1291.80 per ounce, amid a weaker greenback and a broad rally in global equity markets. In the Asian session, at GMT0300, the pair … Continue reading →

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Crude Oil: Oil extends its gains in the morning session

Posted on June 20, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 4.49% against the USD for the 24-hour period ending 23:00GMT, closing at 48.14, snapping a six-session losing streak, as market anxiety about Britain’s possible exit from the European Union eased, driving up oil … Continue reading →

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

Posted on June 20, 2016 by GCI Financial

Silver Movement Silver prices rose 1.30% to USD 17.50 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 17.34, with the silver trading 0.91% lower … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on June 20, 2016 by GCI Financial

Gold Movement Gold prices traded 1.34% higher against the USD in the 24-hour period ending 23:00GMT, at USD 1301.40 per ounce, amid a broad weakness in the greenback. Separately, holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on June 17, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.95% against the USD for the 24-hour period ending 23:00GMT, closing at 46.07, dropping for the sixth straight session, on concerns of global economic turmoil if Britain chooses to exit the European Union. … Continue reading →

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Silver: White metal trading higher this morning

Posted on June 17, 2016 by GCI Financial

Silver Movement Silver prices declined 1.65% to USD 17.27 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.34, with the silver trading 0.41% higher … Continue reading →

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