Gold: Yellow metal trading lower this morning

Posted on March 21, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.31% against the USD in the 24-hour period ending 23:00GMT, at 1255.10 per ounce, as a broad strength in the greenback curbed investor’s appetite for the precious yellow metal. In the Asian session, … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on March 18, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 4.36% against the USD for the 24-hour period ending 23:00GMT, closing at 40.17, extending its previous session gains, as the world’s major oil producers indicated growing willingness to discuss an output freeze. In … Continue reading →

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

Posted on March 18, 2016 by GCI Financial

Silver Movement Silver prices rose 2.27% to USD 15.97 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.105, with the silver trading 0.88% 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 18, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.12% against the USD in the 24-hour period ending 23:00GMT, at 1259.00 per ounce, reversing its previous session gains. However, losses in gold prices were limited, after the Fed lowered its projections to … Continue reading →

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Crude Oil: Oil extends its gains in the Asian session

Posted on March 17, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 4.45% against the USD for the 24-hour period ending 23:00GMT, closing at 38.49, erasing its previous two session losses, after the Qatari oil minister, Mohammed Bin Saleh Al-Sada, confirmed plans of a meeting … Continue reading →

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Silver: White metal trading tad lower this morning

Posted on March 17, 2016 by GCI Financial

Silver Movement Silver prices rose 2.06% to USD 15.61 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 15.605, with the silver trading marginally lower … Continue reading →

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

Posted on March 17, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 2.23% against the USD in the 24-hour period ending 23:00GMT, at 1260.50 per ounce, after the US Federal Reserve’s announcement that it would deliver just two rate hikes in 2016 compared to its … Continue reading →

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

Posted on March 16, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.34% against the USD for the 24-hour period ending 23:00GMT, closing at 36.85, as the Organization of Petroleum Exporting Countries (OPEC) indicated that demand for oil in 2016 could be lower than previously … Continue reading →

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Silver: White metal extends its losses this morning

Posted on March 16, 2016 by GCI Financial

Silver Movement Silver prices declined 0.58% to USD 15.30 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 15.28, with the silver trading 0.1% lower … Continue reading →

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Gold: Yellow metal trading flat in the Asian session

Posted on March 16, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.28% against the USD in the 24-hour period ending 23:00GMT, at 1233.00 per ounce, extending its previous session losses, with investors awaiting the outcome of the US Federal Reserve monetary policy meeting. In … Continue reading →

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

Posted on March 15, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.96% against the USD for the 24-hour period ending 23:00GMT, closing at 37.35, reversing its previous session gains, after Iran showed little interest in a coordinated production freeze. Oil prices remained under pressure, … Continue reading →

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