Gold: Yellow metal trading higher this morning

Posted on April 29, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 1.72% against the USD in the 24-hour period ending 23:00GMT, at 1268.20 per ounce, amid a broad weakness in the greenback. Separately, assets in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, … Continue reading →

Posted in Gold | Comments Off

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

Posted on April 28, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.62% against the USD for the 24-hour period ending 23:00GMT, closing at 45.22, extending its previous session gains. Separately, the Energy Information Administration (EIA) disclosed that crude oil inventories rose by 2.0 million … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading flat this morning

Posted on April 28, 2016 by GCI Financial

Silver Movement Silver prices rose 0.38% to USD 17.27 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.265, with the silver trading flat from yesterday’s close. The pair is … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Posted on April 28, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.20% against the USD in the 24-hour period ending 23:00GMT, at 1246.80 per ounce. However, the gains in gold prices were capped after the US Federal Reserve kept the door open for an … Continue reading →

Posted in Gold | Comments Off

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

Posted on April 27, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.51% against the USD for the 24-hour period ending 23:00GMT, closing at 44.50, reversing its previous session losses, after the American Petroleum Institute (API) reported that US oil inventories surprisingly declined by 1.1 … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains in the Asian session

Posted on April 27, 2016 by GCI Financial

Silver Movement Silver prices rose 0.91% 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 17.325, with the silver trading 0.73% higher … Continue reading →

Posted in Silver | Comments Off

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

Posted on April 27, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.42% against the USD in the 24-hour period ending 23:00GMT, at 1244.30 per ounce, amid a broad weakness in the greenback following the release of downbeat US economic data. In the Asian session, … Continue reading →

Posted in Gold | Comments Off

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

Posted on April 26, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.74% against the USD for the 24-hour period ending 23:00GMT, closing at 42.99, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 42.92, with the oil … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on April 26, 2016 by GCI Financial

Silver Movement Silver prices rose 0.09% to USD 17.05 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 17.125, with the silver trading 0.47% higher … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Posted on April 26, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.44% against the USD in the 24-hour period ending 23:00GMT, at 1239.10 per ounce, as an unexpected drop in US new home sales led to a broad weakness in the greenback. In the … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil reverses its gains in the Asian session

Posted on April 25, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.88% against the USD for the 24-hour period ending 23:00GMT, closing at 43.78, after Baker Hughes reported that the US oil rig count declined by 8 to a level of 343 in the … Continue reading →

Posted in Crude Oil | Comments Off