Gold: Yellow metal reverses its losses in the Asian session

Posted on June 2, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.23% against the USD in the 24-hour period ending 23:00GMT, at 1215.30 per ounce, after the US manufacturing activity index surprisingly advanced in May. In the Asian session, at GMT0300, the pair is … Continue reading →

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

Posted on June 1, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.19% against the USD for the 24-hour period ending 23:00GMT, closing at 48.91, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 48.86, with the oil … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on June 1, 2016 by GCI Financial

Silver Movement Silver prices declined 0.12% to USD 16.02 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.03, with the silver trading 0.06% higher from yesterday’s close. The pair … Continue reading →

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

Posted on June 1, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.50% against the USD in the 24-hour period ending 23:00GMT, at 1218.10 per ounce, following the release of downbeat US economic data. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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

Posted on May 31, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.34% against the USD for the 24-hour period ending 23:00GMT, closing at 49.50. Separately, Baker Hughes reported that the US oil rig count fell by 2 to a level of 316 last week. … Continue reading →

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Silver: White metal trading higher this morning

Posted on May 31, 2016 by GCI Financial

Silver Movement Silver prices rose 0.38% to USD 16.04 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 16.115, with the silver trading 0.47% higher … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on May 31, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.62% against the USD in the 24-hour period ending 23:00GMT, at 1212.00 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1215.40, … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on May 27, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.50% against the USD for the 24-hour period ending 23:00GMT, closing at 49.36, reversing its previous session gains, as global supply glut concerns resurfaced. In the Asian session, at GMT0300, the pair is … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on May 27, 2016 by GCI Financial

Silver Movement Silver prices rose 0.34% to USD 16.34 per ounce during the 24 hours ending 23:00GMT, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 16.17, with the silver trading 1.07% lower … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on May 27, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.22% against the USD in the 24-hour period ending 23:00GMT, at 1222.70 per ounce, falling for the seventh straight session, after upbeat US economic data boosted expectations that the US Federal Reserve could … Continue reading →

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Crude Oil: Oil extends its gains in the Asian session

Posted on May 26, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24-hour period ending 23:00GMT, closing at 49.61, after the Energy Information Administration (EIA) report indicated that US crude oil inventories declined more-than-expected by 4.2 million barrels during … Continue reading →

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