Crude Oil: Oil extends its losses in the morning session

Posted on January 7, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 5.79% against the USD for the 24 hour period ending 23:00GMT, closing at 34.16, as weakening Chinese economy dampened the demand outlook of the commodity from the world’s second biggest economy.. Oil prices … Continue reading →

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

Posted on January 7, 2016 by GCI Financial

Silver Movement Silver prices rose 0.32% to USD 14.02 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 14.08, with the silver trading 0.46% higher … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on January 7, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 1.59% against the USD in the 24 hour period ending 23:00GMT, at 1094.10 per ounce, amid a broad slump in global equity markets, on the back of worries over the Chinese economy and … Continue reading →

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

Posted on January 6, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.71% against the USD for the 24 hour period ending 23:00GMT, closing at 36.26, extending its previous session losses. Separately, the American Petroleum Institute (API) disclosed that US crude oil inventories fell by … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on January 6, 2016 by GCI Financial

Silver Movement Silver prices rose 0.76% to USD 13.97 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 13.935, with the silver trading 0.25% lower … Continue reading →

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

Posted on January 6, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1077.00 per ounce, amid China-induced massive equity sell-off and the Middle East’s escalated geopolitical tensions. In the Asian session, at GMT0400, … Continue reading →

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

Posted on January 5, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.05% against the USD for the 24 hour period ending 23:00GMT, closing at 36.89, as weak manufacturing data from China fuelled concerns of slowing demand from the world’s second largest consumer of oil. … Continue reading →

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

Posted on January 5, 2016 by GCI Financial

Silver Movement Silver prices rose 0.11% to USD 13.87 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 13.93, with the silver trading 0.47% higher … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on January 5, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.82% against the USD in the 24 hour period ending 23:00GMT, at 1073.00 per ounce, as mounting geopolitical tensions in the Middle East coupled with plunging global equity markets lured investors to the … Continue reading →

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Crude Oil: Oil extends its gains in the morning session

Posted on January 4, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.96% against the USD for the 24 hour period ending 23:00GMT, closing at 37.42, after the Baker Hughes weekly rig count report showed that the number of working US oil rigs dropped by … Continue reading →

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Silver: White metal trading higher this morning

Posted on January 4, 2016 by GCI Financial

Silver Movement Silver prices traded flat against the USD at 13.88 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 13.845, with the silver trading 0.3% higher from Thursday’s close. … Continue reading →

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