Crude Oil: Oil trading on a stronger footing this morning

Posted on October 8, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 8.66% against the USD for the 24 hour period ending 23:00GMT, closing at 44.51, after the Energy Information Administration (EIA) reported a strong build-up in US crude inventories. Yesterday, the EIA reported that … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher this morning

Posted on October 8, 2015 by GCI Financial

Silver Movement Silver prices declined 8.61% to USD 14.55 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 15.67, with the silver trading 7.73% higher … Continue reading →

Posted in Silver | Comments Off

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

Posted on October 7, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.87% against the USD for the 24 hour period ending 23:00GMT, closing at 44.51. However, the commodity pared its losses, after the OPEC’s Secretary-General, Abdalla Salem el-Badri, stated that global investments in oil … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on October 7, 2015 by GCI Financial

Silver Movement Silver prices declined 6.88% to USD 14.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.915, with the silver trading 9.42% higher from yesterday’s close. The pair … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Posted on October 7, 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 1132.30 per ounce. However, the losses in gold prices were capped, as weak US trade data raised hopes that the Federal … Continue reading →

Posted in Gold | Comments Off

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

Posted on October 6, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.64% against the USD for the 24 hour period ending 23:00GMT, closing at 44.51. Meanwhile, Russia, one of the world’s top three oil producers agreed to hold discussions with OPEC and non-OPEC oil … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on October 6, 2015 by GCI Financial

Silver Movement Silver prices declined 4.81% to USD 14.55 per ounce during the 24 hours ending 23:00GMT, . In the Asian session, at GMT0300, the pair is trading at 15.61, with the silver trading 7.32% higher from yesterday’s close. The … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses this morning

Posted on October 6, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1132.30 per ounce, after oscillating between gains and losses throughout the trading session. Losses in gold prices were capped, as a … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading on a reversed its losing streak this morning

Posted on October 5, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.42% against the USD for the 24 hour period ending 23:00GMT, closing at 44.51, after a weaker-than-expected U.S. jobs data weighed on the demand outlook for energy. Meanwhile, the Baker Hughes weekly rig … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on October 5, 2015 by GCI Financial

Silver Movement Silver prices rose 0.28% to USD 14.55 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 15.23, with the silver trading 4.71% higher … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Posted on October 5, 2015 by GCI Financial

Gold Movement Gold prices traded higher 1.74% against the USD in the 24 hour period ending 23:00GMT, at 1132.30 per ounce, after a weak US jobs report raised doubts on whether the Federal Reserve would be able to hike its … Continue reading →

Posted in Gold | Comments Off