Crude Oil: Oil reverses its gains in the Asian session

Posted on February 23, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 11.98% against the USD and closed at 33.19, after the International Energy Agency’s (IEA) projection of US shale oil production to fall sharply in this and next … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher this morning

Posted on February 23, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.19% against the USD and closed at 15.22, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.33, with the silver trading … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing this morning

Posted on February 23, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.83% against the USD and closed at 1208.30, amid a rally in global equity markets and a broad strength in the greenback. In the Asian session, at GMT0400, the … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading higher in the Asian session

Posted on February 22, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.56% against the USD and closed at 29.53, as record high US crude stockpiles escalated concerns that the plan to freeze output would do little to curb … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on February 22, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver traded flat against the USD and closed at 15.44. In the Asian session, at GMT0400, the pair is trading at 15.26, with the silver trading 1.13% lower from Friday’s close. … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower this morning

Posted on February 22, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold traded flat against the USD and closed at 1231.80. However, the decline in global equity markets and a weaker greenback increased demand for the safe-haven yellow metal. In the Asian … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading lower in the Asian session

Posted on February 19, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.39% against the USD and closed at 30.62, reversing its previous session gains, amid renewed concerns about global oversupply, after US crude inventories rose to record highs … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on February 19, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.75% against the USD and closed at 15.44, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.385, with the silver trading … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains this morning

Posted on February 19, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.91% against the USD and closed at 1231.8, as the US stock markets resumed their downward trend, increasing the demand of the safe-haven yellow metal. In the Asian session, … Continue reading →

Posted in Gold | Comments Off

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

Posted on February 18, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.76% against the USD and closed at 31.37, after one of the major oil producers, Iran, voiced its support to freeze production to tackle global supply glut. … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains this morning

Posted on February 18, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.26% against the USD and closed at 15.32, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.33, with the silver trading … Continue reading →

Posted in Silver | Comments Off