Crude Oil: Oil trading above its MA’s

Posted on September 17, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.62% against the USD for the 24 hour period ending 23:00GMT, closing at 44.77. However, oil prices pared its losses, after the Energy Information Administration (EIA) disclosed that US crude oil stocks surprisingly … Continue reading →

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Silver: White metal extends its gains this morning

Posted on September 17, 2015 by GCI Financial

Silver Movement Silver prices rose 1.57% to USD 14.58 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 14.875, with the silver trading 2.02% higher … Continue reading →

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Gold: Yellow metal trading higher ahead of the Fed’s interest rate decision

Posted on September 17, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.18% against the USD in the 24 hour period ending 23:00GMT, at 1106.70 per ounce, as the greenback weakened against its peers and with a subdued US inflation data, dented hopes of an … Continue reading →

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

Posted on September 16, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.29% against the USD for the 24 hour period ending 23:00GMT, closing at 44.77, after the API showed a solid drop in US crude oil stocks. The American Petroleum Institute showed that US … Continue reading →

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Silver: White metal trading lower this morning

Posted on September 16, 2015 by GCI Financial

Silver Movement Silver prices rose 1.32% to USD 14.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.33, with the silver trading 1.71% 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 September 16, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1106.70 per ounce, with investors looking forward to the outcome of the Fed’s two-day FOMC meet, to see if it raises … Continue reading →

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Crude Oil: Oil trading between its MA’s

Posted on September 15, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 44.77. Oil prices found some support, after the Organization of Petroleum Exporting Countries (OPEC) in its monthly oil market report … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on September 15, 2015 by GCI Financial

Silver Movement Silver prices rose 0.38% to USD 14.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.355, with the silver trading 1.54% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on September 15, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1106.70 per ounce, ahead of the outcome of the Fed’s crucial interest rate decision due out later this week. Meanwhile, gold … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on September 14, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.78% against the USD for the period ending 21:00GMT, closing at 44.77, after a global leading investment bank projected a steep decline in crude oil prices, citing over-production and concerns over … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on September 14, 2015 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.88% to USD 14.58 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.54, with the gold trading 0.27% … Continue reading →

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