Gold: Yellow metal reverses its losses in the Asian session

Posted on March 11, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.08% against the USD and closed at USD1651.20 per ounce, on expectations of economic relief measures to curb the effect of the coronavirus outbreak. In the Asian session, at … Continue reading →

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

Posted on March 10, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.93% against the USD and closed at USD31.91 per barrel, despite oil price war. In the Asian session, at GMT0400, the pair is trading at 33.27, with … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on March 10, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.71% against the USD and closed at USD16.91 per ounce, in line with the gold prices. In the Asian session, at GMT0400, the pair is trading at 17.08, with … Continue reading →

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Gold: Yellow metal extends its losses in the morning session

Posted on March 10, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.11% against the USD and closed at USD1677.10 per ounce. In the Asian session, at GMT0400, the pair is trading at 1666.50, with gold trading 0.63% lower against the … Continue reading →

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Crude Oil: Oil plunges after Saudi Arabia cuts oil prices, hikes output

Posted on March 9, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil tumbled 10.33% against the USD and closed at USD41.33 per barrel on Friday, as a three-year deal between the Organisation of the Petroleum Exporting Countries (OPEC) and Russia … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on March 9, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.34% against the USD and closed at USD17.38 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 17.06, with silver trading 1.84% lower … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on March 9, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.07% against the USD and closed at USD1674.40 per ounce on Friday, as mounting worries about the spread of coronavirus increased demand for the precious yellow metal. In the … Continue reading →

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

Posted on March 6, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.50% against the USD and closed at USD46.09 per barrel, amid heightened worries over the fast-spreading coronavirus and ahead of a final decision by the Organisation of … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on March 6, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.25% against the USD and closed at USD17.44 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.32, with silver trading 0.66% lower against the … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 6, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 2.07% against the USD and closed at USD1672.90 per ounce, as concerns over the rapidly spreading coronavirus boosted demand for the safe-haven asset. In the Asian session, at GMT0400, … Continue reading →

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Crude Oil: Oil trading higher in the morning session

Posted on March 5, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.64% against the USD and closed at USD47.27 per barrel. The US Energy Information Administration (EIA) reported that crude oil inventories rose by 785,000 bls in the … Continue reading →

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