Gold: Yellow metal trading higher this morning

Posted on April 7, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.52% against the USD in the 24-hour period ending 23:00GMT, at 1225.10 per ounce, amid a broad based recovery in global equity markets. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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

Posted on April 6, 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 36.50, after the Kuwaiti Governor for the Organization of the Petroleum Exporting Countries (OPEC), Nawal Al-Fuzaia, insisted that an agreement to … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on April 6, 2016 by GCI Financial

Silver Movement Silver prices rose 1.10% to USD 15.12 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 15.115, with the silver trading marginally lower … Continue reading →

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

Posted on April 6, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 1.12% against the USD in the 24-hour period ending 23:00GMT, at 1231.50 per ounce, reversing its previous session losses, as global equity markets tumbled, thus increased demand for the safe-haven yellow metal. In … Continue reading →

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

Posted on April 5, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.22% against the USD for the 24-hour period ending 23:00GMT, closing at 35.45, as investors doubted over prospects of an output freeze by the world’s top oil producers to rein in the global … Continue reading →

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

Posted on April 5, 2016 by GCI Financial

Silver Movement Silver prices declined 0.63% to USD 14.96 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 15.08, with the silver trading 0.84% higher … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on April 5, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.47% against the USD in the 24-hour period ending 23:00GMT, at 1217.90 per ounce, after the Boston Fed President, Eric Rosengren, indicated that the Fed is likely to hike interest rates earlier than … Continue reading →

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Crude Oil: Oil trading lower this morning

Posted on April 4, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 4.38% against the USD for the 24-hour period ending 23:00GMT, closing at 36.67, reversing its previous session gains, after the Saudi Deputy Crown Prince, Mohammed bin Salman, indicated that the kingdom will participate … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on April 4, 2016 by GCI Financial

Silver Movement Silver prices declined 2.59% to USD 15.06 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 15.035, with the silver trading 0.13% lower … Continue reading →

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

Posted on April 4, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.74% against the USD in the 24-hour period ending 23:00GMT, at 1224.40 per ounce, after a stronger-than-expected US non-farm payrolls data dented demand for the precious yellow metal. In the Asian session, at … Continue reading →

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

Posted on April 1, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.66% against the USD for the 24-hour period ending 23:00GMT, closing at 38.35, after the Energy Information Administration reported that US oil production fell by 56,000 barrels per day(bpd) to 9.2 million bpd … Continue reading →

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