Crude Oil: Oil trading lower in the Asian session

Posted on March 16, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.51% against the USD and closed at USD33.34 per barrel on Friday. Baker Hughes reported that US oil rig count rose by 1 to 683 last week. … Continue reading →

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Silver: White metal trading on a positive footing this morning

Posted on March 16, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 7.09% against the USD and closed at USD14.61 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.71, … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on March 16, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 3.47% against the USD and closed at USD1519.80 per ounce on Friday, amid profit booking. In the Asian session, at GMT0400, the pair is trading at 1546.60, with gold … Continue reading →

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Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data

Posted on March 13, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 7.21% against the USD and closed at USD31.01 per barrel, after the US President, Donald Trump, announced ban on travellers from Europe to curb the spread of … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on March 13, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 6.29% against the USD and closed at USD15.73 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.46, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on March 13, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 3.87% against the USD and closed at USD1576.30 per ounce, as investors tried to cover margin calls in other assets. In the Asian session, at GMT0400, the pair is … Continue reading →

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Crude Oil: Oil trading sharply lower in the Asian session

Posted on March 12, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.79% against the USD and closed at USD33.42 per barrel, after the World Health Organisation declared the global coronavirus outbreak a pandemic and as Saudi Arabia and … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on March 12, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.89% against the USD and closed at USD16.78 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.54, with silver … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on March 12, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.90% against the USD and closed at USD1637.00 per ounce, after investors sold the precious metal to cover margins for stock markets affected by the global spread of coronavirus. … Continue reading →

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Crude Oil: Oil trading higher ahead of EIA’s weekly crude inventories data

Posted on March 11, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.74% against the USD and closed at USD34.38 per barrel, amid hopes of economic stimulus and after Russia hinted at further talks with Saudi Arabia. Separately, the … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on March 11, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.12% against the USD and closed at USD16.93 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.08, with silver trading 0.86% higher against the … Continue reading →

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