Gold: Yellow metal trading higher this morning

Posted on September 14, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.35% against the USD in the period ending 21:00GMT, at 1106.70 per ounce, with investors looking for clarity over the timing of Fed’s decision to increase its benchmark interest rates. Meanwhile, … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on September 11, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.15% against the USD for the 24 hour period ending 23:00GMT, closing at 45.58, despite the Energy Information Administration (EIA) revealing that US crude oil stocks topped analyst expectations. Yesterday, the EIA disclosed … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on September 11, 2015 by GCI Financial

Silver Movement Silver prices rose 0.75% to USD 14.71 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.72, with the silver trading 0.07% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on September 11, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1110.60 per ounce, amid a broad weakness in the greenback coupled with uncertainty over the Fed’s next week’s interest rate decision, … Continue reading →

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

Posted on September 10, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.07% against the USD for the 24 hour period ending 23:00GMT, closing at 44.19, after the Energy Information Administration (EIA), in its monthly report, trimmed its crude oil price forecast for this year … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on September 10, 2015 by GCI Financial

Silver Movement Silver prices declined 1.22% to USD 14.60 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 14.56, with the silver trading 0.24% lower … Continue reading →

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Gold: Yellow metal extends its losses this morning

Posted on September 10, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.42% against the USD in the 24 hour period ending 23:00GMT, at 1106.00 per ounce, with bullion investors remaining focused on the Fed’s monetary policy meeting scheduled on 16-17 September, for clues on … Continue reading →

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

Posted on September 9, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.47% against the USD for the 24 hour period ending 23:00GMT, closing at 45.59, as better than expected Q2 GDP growth data of the Euro-zone outweighed global supply glut, thus enhancing the demand … Continue reading →

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Silver: White metal trading higher this morning

Posted on September 9, 2015 by GCI Financial

Silver Movement Silver prices rose 1.90% to USD 14.78 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 14.88, with the silver trading 0.68% higher … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on September 9, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1121.90 per ounce, as the greenback weakened against its major peers. Separately, gold holdings of the SPDR Gold Trust, the world’s … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on September 8, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.73% against the USD for the 24 hour period ending 23:00GMT, closing at 44.49, as high supply level continue to weigh on the commodity’s price. In the Asian session, at GMT0300, the pair … Continue reading →

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