Crude Oil: Oil trading on a weaker footing this morning

Posted on October 19, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.68% against the USD for the 24 hour period ending 23:00GMT, closing at 47.19, after the US oil rig count fell for the seventh consecutive week. Baker Hughes weekly rig count report, showed … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on October 19, 2015 by GCI Financial

Silver Movement Silver prices declined 0.43% to USD 16.03 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.86, with the silver trading 1.0% lower … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on October 19, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1176.10 per ounce, amid a broad rally in global equity markets and after a strong rebound in US consumer sentiment in … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on October 16, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 46.87. However, gains were capped after the Energy Information Administration (EIA) reported a strong build-up in US crude inventories. The … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on October 16, 2015 by GCI Financial

Silver Movement Silver prices declined 0.40% to USD 16.10 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.08, with the silver trading marginally 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 October 16, 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 1181.80 per ounce. However, gold prices pared its losses, as weak US inflation data further complicated the Fed’s plan to raise … Continue reading →

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

Posted on October 15, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.86% against the USD for the 24 hour period ending 23:00GMT, closing at 46.32, as concerns about a global supply glut kept the commodity’s price under pressure. Oil prices further came under pressure, … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on October 15, 2015 by GCI Financial

Silver Movement Silver prices rose 1.67% to USD 16.16 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.13, with the sliver trading 0.19% lower … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on October 15, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 1.44% against the USD in the 24 hour period ending 23:00GMT, at 1184.50 per ounce, as weak economic data from the US fuelled expectations that the Fed will hold off raising interest rates … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on October 14, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.89% against the USD for the 24 hour period ending 23:00GMT, closing at 46.72. Oil prices were pressured after the IEA reported that the world oil market would likely remain oversupplied next year, … Continue reading →

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Silver: White metal trading higher this morning

Posted on October 14, 2015 by GCI Financial

Silver Movement Silver prices rose 0.32% to USD 15.90 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.98, with the silver trading 0.53% higher … Continue reading →

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