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

Posted on May 17, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.15% against the USD in the 24-hour period ending 23:00GMT, at 1276.20 per ounce, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1281.20, with the … Continue reading →

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

Posted on May 16, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.15% against the USD for the 24-hour period ending 23:00GMT, closing at 46.29, reversing its three consecutive session gains, after the Organization of the Petroleum Exporting Countries (OPEC) in its monthly report indicated … Continue reading →

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Silver: White metal trading higher this morning

Posted on May 16, 2016 by GCI Financial

Silver Movement Silver prices rose 0.35% to USD 17.13 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 17.25, with the silver trading 0.67% higher … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on May 16, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.65% against the USD in the 24-hour period ending 23:00GMT, at 1275.20 per ounce, reversing its previous session gains. However, the gains in gold prices were capped after an upbeat US retail sales … Continue reading →

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Crude Oil: Oil trading between its MA’s

Posted on May 13, 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 46.36, oscillating between gains and losses throughout the trading session, after the International Energy Agency (IEA) raised its 2016 global oil … Continue reading →

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Silver: White metal trading lower this morning

Posted on May 13, 2016 by GCI Financial

Silver Movement Silver prices declined 2.12% to USD 17.07 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 17.03, with the silver trading 0.23% lower … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on May 13, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.98% against the USD in the 24-hour period ending 23:00GMT, at 1267.00 per ounce, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1268.60, with the … Continue reading →

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Crude Oil: Oil extends its gains in the Asian session

Posted on May 12, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.96% against the USD for the 24-hour period ending 23:00GMT, closing at 45.92, after the Energy Information Administration (EIA) disclosed that US crude oil inventories unexpectedly declined by 3.4 million barrels during the … Continue reading →

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

Posted on May 12, 2016 by GCI Financial

Silver Movement Silver prices rose 1.66% to USD 17.44 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 17.35, with the silver trading 0.52% lower … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on May 12, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.89% against the USD in the 24-hour period ending 23:00GMT, at 1279.60 per ounce, supported by a broad weakness in the greenback and a slump in global equity markets. In the Asian session, … Continue reading →

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

Posted on May 11, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.93% against the USD for the 24-hour period ending 23:00GMT, closing at 44.60, amid expectations that oil supply disruptions in Canada and Nigeria would help alleviate the persistent global supply glut. However, the … Continue reading →

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