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

Posted on November 3, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 46.20, after weak economic data from China fuelled concerns of slowing demand from the world’s second largest consumer of oil. … Continue reading →

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

Posted on November 3, 2015 by GCI Financial

Silver Movement Silver prices declined 0.77% to USD 15.40 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 15.43, with the silver trading 0.23% higher … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on November 3, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.68% against the USD in the 24 hour period ending 23:00GMT, at 1133.10 per ounce, extending its previous session losses, amid a broad rally in global equity markets. In the Asian session, at … Continue reading →

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Crude Oil: Oil trading tad higher this morning

Posted on November 2, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.49% against the USD for the 24 hour period ending 23:00GMT, closing at 46.38, after Baker Hughes report disclosed that US oil rig count fell for the ninth consecutive week, indicating lower oil … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on November 2, 2015 by GCI Financial

Silver Movement Silver prices declined 0.51% to USD 15.51 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 15.48, with the silver trading 0.19% lower … Continue reading →

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

Posted on November 2, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1141.60 per ounce, as the looming interest rate hike by the US Federal Reserve dented the demand for the precious yellow … Continue reading →

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

Posted on October 30, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.74% against the USD for the 24 hour period ending 23:00GMT, closing at 45.70, reversing its previous session gains, after the US economy expanded less than anticipated in Q3 2015, hitting the demand … Continue reading →

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Silver: White metal trading flat this morning

Posted on October 30, 2015 by GCI Financial

Silver Movement Silver prices declined 2.17% to USD 15.59 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 15.59, with the silver trading flat from … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on October 30, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.95% against the USD in the 24 hour period ending 23:00GMT, at 1146.30 per ounce, after the US Federal Reserve hinted at the possibility of an increase in benchmark interest rates before the … Continue reading →

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Crude Oil: Oil reverses its gains in the Asian session

Posted on October 29, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 6.13% against the USD for the 24 hour period ending 23:00GMT, closing at 46.04, reversing its previous session losses. Yesterday, the Energy Information Administration (EIA) disclosed that US crude-oil stockpiles rose by 3.4 … Continue reading →

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

Posted on October 29, 2015 by GCI Financial

Silver Movement Silver prices rose 0.19% to USD 15.94 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.895, with the silver trading 0.25% lower from yesterday’s close. The pair … Continue reading →

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