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

Posted on November 18, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.08% against the USD for the 24 hour period ending 23:00GMT, closing at 41.00, reversing its previous session gains, as global supply glut concerns returned to the fore. Separately, the American Petroleum Institute … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on November 18, 2015 by GCI Financial

Silver Movement Silver prices declined 0.42% to USD 14.18 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 14.1, with the silver trading 0.53% lower … Continue reading →

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

Posted on November 18, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.18% against the USD in the 24 hour period ending 23:00GMT, at 1070.20 per ounce, after upbeat US consumer price inflation data bolstered expectations that the US Federal Reserve will raise interest rates … Continue reading →

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

Posted on November 17, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.55% against the USD for the 24 hour period ending 23:00GMT, closing at 41.87, amid speculation that geopolitical tensions in the Middle East could lead to potential oil supply disruptions. However, gains in … Continue reading →

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

Posted on November 17, 2015 by GCI Financial

Silver Movement Silver prices declined 0.56% to USD 14.24 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 14.22, with the silver trading 0.11% lower … Continue reading →

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Gold: Yellow metal extends its losses this morning

Posted on November 17, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1083.00 per ounce, over expectations of a December interest rate hike by the US Federal Reserve. In the Asian session, at … Continue reading →

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

Posted on November 16, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.78% against the USD for the 24 hour period ending 23:00GMT, closing at 40.55, extending its previous session losses, amid intensifying concerns over global supply glut. Oil prices came under pressure, after Baker … Continue reading →

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Silver: White metal reverses its losses this morning

Posted on November 16, 2015 by GCI Financial

Silver Movement Silver prices declined 0.56% to USD 14.20 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 14.335, with the silver trading 0.95% higher … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on November 16, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1080.90 per ounce, amid expectations that the US Federal Reserve will raise interest rates next month. In the Asian session, at … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on November 13, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.20% against the USD for the 24 hour period ending 23:00GMT, closing at 41.71, after the Energy Information Administration (EIA) reported a strong build-up in US crude inventories. Yesterday, the EIA disclosed that … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on November 13, 2015 by GCI Financial

Silver Movement Silver prices declined 0.10% to USD 14.28 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 14.255, with the silver trading 0.18% lower … Continue reading →

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