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

Posted on December 3, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.77% against the USD for the 24 hour period ending 23:00GMT, closing at 40.11, after US crude stockpiles surprisingly increased in the week ended 27 November. The Energy Information Administration (EIA) disclosed that … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on December 3, 2015 by GCI Financial

Silver Movement Silver prices declined 1.38% to USD 13.99 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 13.895, with the silver trading 0.64% lower … Continue reading →

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Gold: Yellow metal extends its losses this morning

Posted on December 3, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.41% against the USD in the 24 hour period ending 23:00GMT, at 1053.00 per ounce, after hawkish comments by the Fed Chairperson, Janet Yellen and an upbeat Beige Book report on US economy … Continue reading →

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

Posted on December 2, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.10% against the USD for the 24 hour period ending 23:00GMT, closing at 41.68, after an unexpected rise in US crude stockpiles. The American Petroleum Institute (API) reported that US crude oil inventories … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on December 2, 2015 by GCI Financial

Silver Movement Silver prices rose 0.82% to USD 14.18 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 14.175, with the silver trading marginally lower … Continue reading →

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

Posted on December 2, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1068.10 per ounce, extending its previous session gains, after weak US manufacturing data bolstered investor demand for the precious metal. 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 1, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.22% against the USD for the 24 hour period ending 23:00GMT, closing at 41.72, amid persistent global supply glut concerns after a Reuters’ survey estimated higher OPEC output in November. In the Asian … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on December 1, 2015 by GCI Financial

Silver Movement Silver prices were flat against the USD at 14.07 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 14.185, with the silver trading 0.85% higher from yesterday’s close. … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on December 1, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.63% against the USD in the 24 hour period ending 23:00GMT, at 1064.00 per ounce. However the gains in gold prices were capped over prospects of a looming US Federal Reserve interest rate … Continue reading →

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

Posted on November 30, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.53% against the USD for the 24 hour period ending 23:00GMT, closing at 41.95, amid global supply glut worries. Moreover, disappointing industrial data from China further pressured oil prices, fuelling concerns of slowing … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on November 30, 2015 by GCI Financial

Silver Movement Silver prices declined 1.26% to USD 14.08 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 13.99, with the silver trading 0.6% lower … Continue reading →

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