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

Posted on February 8, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.32% against the USD and closed at 31.76, after Baker Hughes reported that US oil rig count fell for seventh straight week to a level of … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on February 8, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.57% against the USD and closed at 14.80. In the Asian session, at GMT0400, the pair is trading at 14.93, with the silver trading 0.91% higher from Friday’s … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on February 8, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 0.13% against the USD and closed at 1157.50, as a mixed US jobs data prompted investors to reconsider their views on the Federal Reserve’s (Fed) interest rate hike … Continue reading →

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Crude Oil: Oil trading higher this morning

Posted on February 5, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 2.88% against the USD and closed at 31.66, reversing its previous session gains. However, crude prices were volatile in yesterday’s session amid speculation about possible talks … Continue reading →

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Silver: White metal extends its gains this morning

Posted on February 5, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver rose 1.26% against the USD and closed at 14.88, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.85, with the silver … Continue reading →

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

Posted on February 5, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 1.19% against the USD and closed at 1156.0, extending its previous session gains, amid a broad-weakness in US Dollar and low potential for a Fed rate hike in … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on February 4, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 9.65% against the USD and closed at 32.60, as investors ignored a considerable rise in US crude stockpiles and focussed on prospects of a meeting between … Continue reading →

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Silver: White metal trading tad lower in the Asian session

Posted on February 4, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver rose 2.73% against the USD and closed at 14.70, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.69, with the silver … Continue reading →

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Gold: Yellow metal reverses its gains this morning

Posted on February 4, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 1.26% against the USD and closed at 1142.40, after disappointing US service sector data and a weaker greenback due to the comments by the New York Fed President, … Continue reading →

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Crude Oil: Oil extends its losses, ahead of the EIA’s weekly crude oil inventory data

Posted on February 3, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 5.5% against the USD and closed at 29.73, extending its previous session losses, amid deepening supply glut fears. Separately, the American Petroleum Institute (API) disclosed that … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on February 3, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.42% against the USD and closed at 14.31. In the Asian session, at GMT0400, the pair is trading at 14.315, with the silver trading 0.07% higher from yesterday’s … Continue reading →

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