Gold: Yellow metal extends its losses in the Asian session

Posted on March 26, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 2.10% against the USD and closed at USD 1638.90 per ounce, as concerns over rising coronavirus cases outweighed hopes of a US government stimulus package. In the Asian session, … Continue reading →

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Crude Oil: Oil trading higher ahead of EIA’s weekly crude inventories data

Posted on March 25, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.23% against the USD and closed at USD24.64 per barrel, oil settled high, amid expectations that the US government would approve a $2 trillion economic relief package. … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on March 25, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 8.71% against the USD and closed at USD 14.66 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.55, with … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on March 25, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 6.55% against the USD and closed at USD 1678.60 per ounce, amid hopes that the US lawmakers would agree on stimulus package to contain the impact of coronavirus. In … Continue reading →

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Crude Oil: Oil trading lower ahead of API’s weekly crude inventories data

Posted on March 24, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 6.99% against the USD and closed at USD24.34 per barrel, after the US Federal Reserve announced a massive stimulus package to contain the spread of coronavirus outbreak. … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on March 24, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 7.24% against the USD and closed at USD13.49 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 13.92, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on March 24, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 4.89% against the USD and closed at USD1573.1 per ounce, after the US Federal Reserve (Fed) unveiled a massive stimulus package that includes unlimited Treasury and mortgage-backed security purchases. … Continue reading →

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Crude Oil: Oil extends its losses in the morning session

Posted on March 23, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.09% against the USD and closed at USD 23.66 per barrel on Friday, as economic stimulus plans from government worldwide failed to ease concerns about the economic … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on March 23, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.06% against the USD and closed at USD12.48 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 12.58, with silver trading 0.84% higher … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on March 23, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.05% against the USD and closed at USD 1487.50 per ounce on Friday, as fiscal measures from global central banks to counter the economic impact from coronavirus reduced investors’ … Continue reading →

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Crude Oil: Oil extends its gains in Asian session

Posted on March 20, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 9.87% against the USD and closed at USD 24.93 per barrel, amid speculation that the US President, Donald Trump, might intervene in the price war between Saudi … Continue reading →

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