Crude Oil: Oil trading on a stronger footing this morning

Posted on October 2, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.72% against the USD for the 24 hour period ending 23:00GMT, closing at 44.51, on the back of weak US manufacturing data and as fears of an impending hurricane over the US East … Continue reading →

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Silver: White metal reverses its losses this morning

Posted on October 2, 2015 by GCI Financial

Silver Movement Silver prices rose 0.41% 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 14.51, with the silver trading 0.28% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on October 2, 2015 by GCI Financial

Gold Movement Gold prices traded higher 1.65% against the USD in the 24 hour period ending 23:00GMT, at 1132.30 per ounce, as weak US ISM manufacturing data enhanced the demand for the safe-haven yellow metal. Meanwhile, gold holdings of the … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on October 1, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.89% against the USD for the 24 hour period ending 23:00GMT, closing at 44.51, after the Energy Information Administration (EIA) disclosed a strong build-up in US crude oil stocks. The EIA revealed that … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on October 1, 2015 by GCI Financial

Silver Movement Silver prices declined 0.27% to USD 14.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.56, with the silver trading 0.1% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its gains this morning

Posted on October 1, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.57% against the USD in the 24 hour period ending 23:00GMT, at 1132.30 per ounce. However, the yellow metal’s prices pared its gains, on upbeat US private sector employment data, which boosted prospects … Continue reading →

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

Posted on September 30, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 44.43, as concerns over slowdown in China continued to hit oil prices. Oil prices were further pressurised, after the American … Continue reading →

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Silver: White metal trading higher this morning

Posted on September 30, 2015 by GCI Financial

Silver Movement Silver prices marginally declined against the USD to 14.54 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.57, with the silver trading 0.17% higher from yesterday’s close. … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on September 30, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1131.30 per ounce, on the back of a stronger US economic data, which rekindled expectations of higher interest rates in the … Continue reading →

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Crude Oil: Oil trading on a lower footing this morning

Posted on September 29, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.92% against the USD for the 24 hour period ending 23:00GMT, closing at 44.51, on the back of weak Chinese economic data, thereby dampening the demand prospects of the commodity. In the Asian … Continue reading →

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Silver: White metal trading higher this morning

Posted on September 29, 2015 by GCI Financial

Silver Movement Silver prices declined 3.68% 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 14.57, with the silver trading 0.17% higher … Continue reading →

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