Crude Oil: Oil trading below its MA’s

Posted on December 18, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.63% against the USD for the 24 hour period ending 23:00GMT, closing at 34.84, amid persistent global supply glut concerns. Separately, the world’s biggest oil producers in OPEC predicted limited chances for an … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on December 18, 2015 by GCI Financial

Silver Movement Silver prices declined 3.25% to USD 13.71 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 13.725, with the silver trading 0.15% higher … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on December 18, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.94% against the USD in the 24 hour period ending 23:00GMT, at 1050.40 per ounce, tumbling to a six-year low level, amid a broad strength in the greenback. Separately, assets in SPDR Gold … Continue reading →

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Crude Oil: Oil extends its losses in the morning session

Posted on December 17, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.59% against the USD for the 24 hour period ending 23:00GMT, closing at 35.78, after US crude stockpiles surprisingly increased in the week ended 11 December and the US Federal Reserve raised interest … Continue reading →

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Silver: White metal trading lower this morning

Posted on December 17, 2015 by GCI Financial

Silver Movement Silver prices rose 2.94% to USD 14.17 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 14.075, with the silver trading 0.64% lower from yesterday’s close. The pair … Continue reading →

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

Posted on December 17, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.96% against the USD in the 24 hour period ending 23:00GMT, at 1071.20 per ounce. However, the gains in gold prices were capped after the US Federal Reserve hiked interest rates for the … Continue reading →

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

Posted on December 16, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.52% against the USD for the 24 hour period ending 23:00GMT, closing at 36.73, after the OPEC Secretary General, Abdullah al-Badri, stated that the current trend of low oil prices will not continue … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on December 16, 2015 by GCI Financial

Silver Movement Silver prices rose 0.66% to USD 13.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 13.815, with the silver trading 0.4% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on December 16, 2015 by GCI Financial

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1061.00 per ounce, amid a broad strength in the greenback along with the looming Fed interest rate decision scheduled later today. In … Continue reading →

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

Posted on December 15, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.89% against the USD for the 24 hour period ending 23:00GMT, closing at 36.18. However, the gains in oil prices were capped as investors turned their focus on the persistent global supply glut. … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on December 15, 2015 by GCI Financial

Silver Movement Silver prices declined 1.65% to USD 13.67 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 13.7, with the silver trading 0.22% higher … Continue reading →

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