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

Posted on December 15, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.09% against the USD in the 24 hour period ending 23:00GMT, reversing its previous session gains, on Fed interest rate fears ahead of a closely watched FOMC meeting. In the Asian session, at … Continue reading →

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

Posted on December 14, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.48% against the USD for the 24 hour period ending 23:00GMT, closing at 35.71, after the International Energy Agency (IEA) reported that global supply glut would continue in 2016. Separately, Baker Hughes weekly … Continue reading →

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Silver: White metal trading flat in the morning session

Posted on December 14, 2015 by GCI Financial

Silver Movement Silver prices declined 1.38% to USD 13.90 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 13.895, with the silver trading flat from Friday’s close. The pair is … Continue reading →

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Gold: Yellow metal trading tad lower this morning

Posted on December 14, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1075.30 per ounce, amid a broad slump in global equity markets. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on December 11, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.03% against the USD for the 24 hour period ending 23:00GMT, closing at 36.62, after the Organization of the Petroleum Exporting Countries (OPEC) stated that its oil production reached the fastest pace since … Continue reading →

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Silver: White metal trading lower this morning

Posted on December 11, 2015 by GCI Financial

Silver Movement Silver prices declined 0.39% to USD 14.09 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 14.055, with the silver trading 0.25% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on December 11, 2015 by GCI Financial

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1071.20 per ounce, as investors brace themselves for a possible US Fed rate hike next week. In the Asian session, at GMT0400, … Continue reading →

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Crude Oil: Oil reverses its losses in the morning session

Posted on December 10, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.40% against the USD for the 24 hour period ending 23:00GMT, closing at 37.38, as investors ignored an unexpected drawdown in US crude stockpiles and continued to fret about the persistent global supply … Continue reading →

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

Posted on December 10, 2015 by GCI Financial

Silver Movement Silver prices rose 0.11% to USD 14.15 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 14.15, with the silver trading marginally higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on December 10, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.23% against the USD in the 24 hour period ending 23:00GMT, at 1071.60 per ounce, giving up its previous session gains, with market participants remaining cautious ahead of an anticipated US Federal Reserve … Continue reading →

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

Posted on December 9, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.53% against the USD for the 24 hour period ending 23:00GMT, closing at 37.91, after an unexpected decline in US crude stockpiles. Yesterday, the American Petroleum Institute (API) reported that US crude oil … Continue reading →

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