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

Posted on June 7, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.10% against the USD for the 24-hour period ending 23:00GMT, closing at 49.60, reversing its previous session losses, amid supply outages in Nigeria. In the Asian session, at GMT0300, the pair is trading … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on June 7, 2016 by GCI Financial

Silver Movement Silver prices rose 0.34% to USD 16.47 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 16.43, with the silver trading 0.21% lower … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Posted on June 7, 2016 by GCI Financial

Gold Movement Gold prices traded 0.19% higher against the USD in the 24-hour period ending 23:00GMT, at $1247.60 per ounce, amid a broad weakness in the greenback and after the US Federal Reserve Chairwoman, Janet Yellen, gave few indications about … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading above its MA’s

Posted on June 6, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.51% against the USD for the 24-hour period ending 23:00GMT, closing at 48.78, after Baker Hughes reported that the US oil rig count increased by nine to a level of 325 in the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains in the Asian session

Posted on June 6, 2016 by GCI Financial

Silver Movement Silver prices rose 2.82% to USD 16.42 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 16.42, with the silver trading marginally lower … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower this morning

Posted on June 6, 2016 by GCI Financial

Gold Movement Gold prices traded 3.01% higher against the USD in the 24-hour period ending 23:00GMT, at 1246.50 per ounce, posting its biggest one-day gain in nearly three months, after downbeat US non-farm payrolls report sharply cut the chances of … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil extends its gains in the Asian session

Posted on June 3, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.27% against the USD for the 24-hour period ending 23:00GMT, closing at 49.03, after the latest drawdown in US crude stockpiles offset the Organisation of the Petroleum Exporting Countries’ (OPEC) failure to reach … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher this morning

Posted on June 3, 2016 by GCI Financial

Silver Movement Silver prices declined 0.16% to USD 15.97 per ounce during the 24 hours ending 23:00GMT, tracking weakness in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.01, with the silver trading 0.25% higher … Continue reading →

Posted in Silver | Comments Off

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

Posted on June 3, 2016 by GCI Financial

Gold Movement Gold prices traded 0.43% lower against the USD in the 24-hour period ending 23:00GMT, at 1210.10 per ounce, after oscillating between gains and losses throughout the session, as investors weighed the possibility of the US Federal Reserve increasing … Continue reading →

Posted in Gold | Comments Off

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

Posted on June 2, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices marginally declined against the USD for the 24-hour period ending 23:00GMT, closing at 48.90, after the American Petroleum Institute (API) reported that US oil inventories unexpectedly rose by 2.4 million barrels last week. In … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on June 2, 2016 by GCI Financial

Silver Movement Silver prices declined 0.16% to USD 16.00 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 15.99, with the silver trading marginally lower … Continue reading →

Posted in Silver | Comments Off