Crude Oil: Oil trading above its MA’s

Posted on May 20, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.96% against the USD for the 24-hour period ending 23:00GMT, closing at 48.43, reversing its previous session losses, amid concerns about Canadian and Nigerian oil supply outages. In the Asian session, at GMT0300, … Continue reading →

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Silver: White metal trading lower this morning

Posted on May 20, 2016 by GCI Financial

Silver Movement Silver prices declined 2.25% to USD 16.55 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 16.56, with the silver trading 0.06% lower … Continue reading →

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

Posted on May 20, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.25% against the USD in the 24-hour period ending 23:00GMT, at 1257.80 per ounce, extending its previous session losses, amid a broad strength in the greenback. In the Asian session, at GMT0300, the … Continue reading →

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Crude Oil: Oil extends its losses in the Asian session

Posted on May 19, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.99% against the USD for the 24-hour period ending 23:00GMT, closing at 47.97, reversing its two-day rally, after the Energy Information Administration (EIA) disclosed that US crude oil inventories unexpectedly rose by 1.3 … Continue reading →

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

Posted on May 19, 2016 by GCI Financial

Silver Movement Silver prices declined 2.08% to USD 16.93 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 16.875, with the silver trading 0.3% lower … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on May 19, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 1.53% against the USD in the 24-hour period ending 23:00GMT, at 1261.00 per ounce, halting a three-day winning streak, amid a broad strength in the greenback, after minutes of the US Federal Reserve’s … Continue reading →

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

Posted on May 18, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24-hour period ending 23:00GMT, closing at 48.45, amid a new wildfire threat on Canadian oil supplies. Additionally, the American Petroleum Institute (API) reported that US oil inventories … Continue reading →

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

Posted on May 18, 2016 by GCI Financial

Silver Movement Silver prices rose 0.49% to USD 17.29 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 17.23, with the silver trading 0.32% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on May 18, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.34% against the USD in the 24-hour period ending 23:00GMT, at 1280.60 per ounce, amid a broad slump in global equity markets. Separately, gold holdings in the SPDR Gold Trust, the world’s largest … Continue reading →

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

Posted on May 17, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.26% against the USD for the 24-hour period ending 23:00GMT, closing at 47.88, reaching a six-month high level, as supply disruptions in Nigeria, Africa’s largest oil producer, led to speculation that it would … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on May 17, 2016 by GCI Financial

Silver Movement Silver prices rose 0.41% to USD 17.20 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 17.28, with the silver trading 0.44% higher … Continue reading →

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