Gold: Yellow metal extends its losses this morning

Posted on November 13, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1084.50 per ounce, amid rising concerns about an interest rate hike by the US Federal Reserve in December. Separately, gold holdings … Continue reading →

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Crude Oil: Oil reverses its losses in the morning session

Posted on November 12, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.33% against the USD for the 24 hour period ending 23:00GMT, closing at 43.09, as global supply glut concerns continues to weigh on oil prices. Additionally, weak Chinese industrial sector data stoked fears … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on November 12, 2015 by GCI Financial

Silver Movement Silver prices declined 0.69% to USD 14.30 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 0.28% higher … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on November 12, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.30% against the USD in the 24 hour period ending 23:00GMT, at 1085.90 per ounce, extending its previous session losses, over persistent fears of an interest rate hike by the 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 November 11, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.95% against the USD for the 24 hour period ending 23:00GMT, closing at 43.67, on the back of massive build up in US crude oil stocks. The American Petroleum Institute (API) reported that … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on November 11, 2015 by GCI Financial

Silver Movement Silver prices declined 1.03% to USD 14.40 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 14.445, with the silver trading 0.35% higher … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on November 11, 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 1089.20 per ounce, reversing its previous session gains, on renewed expectations that the US Federal Reserve will hike interest rates in … Continue reading →

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

Posted on November 10, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.45% against the USD for the 24 hour period ending 23:00GMT, closing at 44.09, extending its previous session losses, as disappointing trade data from China stoked fears of slowing demand from the world’s … Continue reading →

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

Posted on November 10, 2015 by GCI Financial

Silver Movement Silver prices declined 1.22% to USD 14.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 14.51, with the silver trading 0.24% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on November 10, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1091.70 per ounce, ending its losing streak, amid a weak greenback and a sell-off in global equity markets, enhanced demand for … Continue reading →

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

Posted on November 9, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.35% against the USD for the 24 hour period ending 23:00GMT, closing at 44.38, as global supply glut concerns and a strong greenback weighed on oil prices. Meanwhile, Baker Hughes weekly rig count … Continue reading →

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