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

Posted on April 12, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.36% against the USD for the 24-hour period ending 23:00GMT, closing at 40.20, amid hopes that world’s top oil producers would agree on an output freeze at the upcoming meeting in Qatar on … Continue reading →

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

Posted on April 12, 2016 by GCI Financial

Silver Movement Silver prices rose 3.84% to USD 15.95 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 15.845, with the silver trading 0.66% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on April 12, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 1.70% against the USD in the 24-hour period ending 23:00GMT, at 1261.20 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1256.60, … Continue reading →

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

Posted on April 11, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 5.08% against the USD for the 24-hour period ending 23:00GMT, closing at 39.52, after Baker Hughes reported that the US oil rig count declined by 8 to a level of 354 in the … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on April 11, 2016 by GCI Financial

Silver Movement Silver prices rose 0.99% to USD 15.37 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.45, with the gold trading 0.55% higher from Friday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on April 11, 2016 by GCI Financial

Gold Movement Gold prices traded marginally lower against the USD in the 24-hour period ending 23:00GMT, amid a broad strength in global equity markets. Separately, assets in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, fell 0.2% to 817.81 … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on April 8, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.56% against the USD for the 24-hour period ending 23:00GMT, closing at 37.61, reversing its previous session gains, as rising exports from Iraq resurfaced global supply glut concerns. In the Asian session, at … Continue reading →

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Silver: White metal trading lower this morning

Posted on April 8, 2016 by GCI Financial

Silver Movement Silver prices rose 0.93% to USD 15.22 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 15.2, with the silver trading 0.1% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on April 8, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 1.37% against the USD in the 24-hour period ending 23:00GMT, at 1241.90 per ounce, amid a broad slump in global equity markets. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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Crude Oil: Oil extends its gains in the Asian session

Posted on April 7, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.62% against the USD for the 24-hour period ending 23:00GMT, closing at 37.82, after the Energy Information Administration (EIA) disclosed that US crude oil inventories unexpectedly fell by 4.9 million barrels during the … Continue reading →

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

Posted on April 7, 2016 by GCI Financial

Silver Movement Silver prices declined 0.30% to USD 15.08 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 15.09, with the silver trading 0.1% higher … Continue reading →

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