Crude Oil: Oil trading lower ahead of Baker Hughes weekly oil rig count data

Posted on February 28, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.05% against the USD and closed at USD46.25 per barrel, as rise in the coronavirus cases outside China stoked fears that the fast spreading outbreak could slow … Continue reading →

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Silver; White metal extends its losses in the Asian session

Posted on February 28, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.59% against the USD and closed at USD17.83 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.55, with silver trading 1.57% lower against the … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on February 28, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.21% against the USD and closed at USD1646.30 per ounce, as ongoing worries about the spread of coronavirus increased demand for the precious yellow metal and amid broad sell-off … Continue reading →

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Crude Oil: Oil trading lower in the morning session

Posted on February 27, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.83% against the USD and closed at USD48.71 per barrel, as reports of a rise coronavirus cases in Europe and the Middle East fuelled worries about energy … Continue reading →

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Silver: White metal trading on a positive footing this morning

Posted on February 27, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.64% against the USD and closed at USD17.94 per ounce. In the Asian session, at GMT0400, the pair is trading at 18.07, with silver trading 0.72% higher against the … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on February 27, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.24% against the USD and closed at USD1642.90 per ounce, on rate cut hopes and concerns over the spread of coronavirus outside China. In the Asian session, at GMT0400, … Continue reading →

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Crude Oil: Oil trading higher ahead of EIA’s crude stockpiles data

Posted on February 26, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.60% against the USD and closed at USD50.13 per barrel, amid growing concerns about the impact of coronavirus on energy demand. Moreover, the American Petroleum Institute (API) … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on February 26, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.37% against the USD and closed at USD18.05 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.10, with silver … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on February 26, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.40% against the USD and closed at USD1637.00 per ounce, amid profit booking. In the Asian session, at GMT0400, the pair is trading at 1641.80, with gold trading 0.29% … Continue reading →

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Crude Oil: Oil trading higher ahead of API weekly crude inventories data

Posted on February 25, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.96% against the USD and closed at USD51.47 per barrel, as a sharp rise in the number of coronavirus cases outside China stoked worries about crude demand. … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on February 25, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.40% against the USD and closed at USD18.68 per ounce. In the Asian session, at GMT0400, the pair is trading at 18.67, with silver trading 0.08% lower against the … Continue reading →

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