Crude Oil: Oil trading below its MA’s

Posted on March 24, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.88% against the USD for the 24 hour period ending 23:00GMT, closing at 39.59, on the back of a massive build-up in US crude stocks, eroding hope of an ease in the supply … Continue reading →

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Silver: White metal trading lower this morning

Posted on March 24, 2016 by GCI Financial

Silver Movement Silver prices declined 3.84% to USD 15.28 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.27, with the silver trading marginally lower … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 24, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 1.94% against the USD in the 24 hour period ending 23:00GMT, at 1224.20 per ounce, amid broad gains in the greenback, following hawkish remarks by Fed officials supporting another increase in interest rates … Continue reading →

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

Posted on March 23, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.79% against the USD for the 24-hour period ending 23:00GMT, closing at 41.19, after the American Petroleum Institute (API) reported that US oil inventories rose by 8.7 million barrels in the week ended … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on March 23, 2016 by GCI Financial

Silver Movement Silver prices rose 0.28% to USD 15.89 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.815, with the silver trading 0.47% lower … Continue reading →

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

Posted on March 23, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.38% against the USD in the 24-hour period ending 23:00GMT, at 1248.40 per ounce, as investors sought solace in the safe-haven asset after reports of deadly terrorist attacks in Brussels. In the Asian … Continue reading →

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

Posted on March 22, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 5.51% against the USD for the 24-hour period ending 23:00GMT, closing at 41.52, after oscillating between gains and losses throughout the trading session, after the Organisation of Petroleum Exporting Countries (OPEC’s) Secretary- General, … Continue reading →

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

Posted on March 22, 2016 by GCI Financial

Silver Movement Silver prices rose 0.13% to USD 15.85 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.885, with the silver trading 0.25% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on March 22, 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 1243.70 per ounce, amid a broad strength in the greenback, after hawkish comments from the US Federal Reserve officials renewed expectations of … Continue reading →

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

Posted on March 21, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.09% against the USD for the 24-hour period ending 23:00GMT, closing at 39.33, over renewed supply glut concerns, after Baker Hughes reported that the US oil rig count advanced by 1 to a … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on March 21, 2016 by GCI Financial

Silver Movement Silver prices declined 0.81% to USD 15.84 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.85, with the silver trading 0.09% higher … Continue reading →

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