Silver: White metal trading higher this morning

Posted on May 26, 2016 by GCI Financial

Silver Movement Silver prices rose 0.43% to USD 16.29 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.465, with the silver trading 1.11% 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 May 26, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.36% against the USD in the 24-hour period ending 23:00GMT, at 1225.40 per ounce, extending its fifth-consecutive day of losses and touching a seven-week low level, driven by expectations that the US Federal … Continue reading →

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

Posted on May 25, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.84% against the USD for the 24-hour period ending 23:00GMT, closing at 49.19, after the American Petroleum Institute (API) reported that US oil inventories fell more-than-expected by 5.1 million barrels during the week … Continue reading →

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

Posted on May 25, 2016 by GCI Financial

Silver Movement Silver prices declined 1.16% to USD 16.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.26, with the silver trading 0.28% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on May 25, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 1.62% against the USD in the 24-hour period ending 23:00GMT, at 1229.80 per ounce, after the release of robust US new home sales data led to a broad strength in the greenback. Separately, … Continue reading →

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

Posted on May 24, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.81% against the USD for the 24-hour period ending 23:00GMT, closing at 47.83, amid renewed global supply glut concerns as the recent disruptions to crude oil production waned. In the Asian session, at … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on May 24, 2016 by GCI Financial

Silver Movement Silver prices declined 0.88% to USD 16.41 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 16.36, with the silver trading 0.27% lower … Continue reading →

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

Posted on May 24, 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 1,250.00 per ounce, extending its three-day losing streak, amid signs that the US Federal Reserve will raise interest rates soon. In the … Continue reading →

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

Posted on May 23, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.58% against the USD for the 24-hour period ending 23:00GMT, closing at 48.71, extending its previous session gains. Separately, Baker Hughes, reported that the US oil rig count remained steady at a level … Continue reading →

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Silver: White metal trading lower this morning

Posted on May 23, 2016 by GCI Financial

Silver Movement Silver prices traded flat against the USD at 16.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.53, with the silver trading 0.09% lower from Friday’s close. … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on May 23, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.37% against the USD in the 24-hour period ending 23:00GMT, at 1,253.20 per ounce, extending its two-day slide, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair … Continue reading →

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