Gold: Yellow metal reverses its losses in the Asian session

Posted on June 17, 2016 by GCI Financial

Gold Movement Gold prices traded 0.86% lower against the USD in the 24-hour period ending 23:00GMT, at USD 1284.20 per ounce, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1285.30, with the … Continue reading →

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Crude Oil: Oil reverses its losses in the Asian session

Posted on June 16, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.71% against the USD for the 24-hour period ending 23:00GMT, closing at 47.47, falling for the fifth straight session, its longest losing streak since February 2016, following a lower than expected draw in … Continue reading →

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

Posted on June 16, 2016 by GCI Financial

Silver Movement Silver prices rose 0.95% to USD 17.56 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 17.75, with the silver trading 1.05% higher … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on June 16, 2016 by GCI Financial

Gold Movement Gold prices traded 0.52% higher against the USD in the 24-hour period ending 23:00GMT, at USD 1295.40 per ounce, hitting a six-week high level, after the US Federal Open Market Committee once again left the key interest rate … Continue reading →

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

Posted on June 15, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.42% against the USD for the 24-hour period ending 23:00GMT, closing at 47.81, dropping for the fourth straight session, after the American Petroleum Institute (API) reported that US oil inventories unexpectedly rose by … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on June 15, 2016 by GCI Financial

Silver Movement Silver prices declined 0.34% to USD 17.40 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.42, with the silver trading 0.11% higher from yesterday’s close. The pair … Continue reading →

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

Posted on June 15, 2016 by GCI Financial

Gold Movement Gold prices traded 0.18% higher against the USD in the 24-hour period ending 23:00GMT, at USD 1288.70 per ounce, as investors sought solace in the safe-haven asset, amid concerns of a potential British exit from the European Union … Continue reading →

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

Posted on June 14, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.78% against the USD for the 24-hour period ending 23:00GMT, closing at 48.50, extending losses for the third consecutive session. Separately, the Organisation of the Petroleum Exporting Countries (OPEC) predicted that the global … Continue reading →

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

Posted on June 14, 2016 by GCI Financial

Silver Movement Silver prices rose 0.72% to USD17.46 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 17.36, with the silver trading 0.57% lower from … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on June 14, 2016 by GCI Financial

Gold Movement Gold prices traded 0.79% higher against the USD in the 24-hour period ending 23:00GMT, at USD1286.40 per ounce, rising for the fourth straight session, amid a weaker greenback and sliding global equity markets, ahead of key central bank … Continue reading →

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

Posted on June 13, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.93% against the USD for the 24-hour period ending 23:00GMT, closing at 49.03, amid strength in US dollar and after Baker Hughes reported that the US oil rig count increased by 3 to … Continue reading →

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