Crude Oil: Crude oil prices extends its losing trend in the Asian session

Posted on August 24, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 2.07% against the USD for the period ending 20:00GMT, closing at 40.24, amid Chinese concerns. Meanwhile, Baker Hughes reported that oil rigs in the US rose by 2 to 674 for … Continue reading →

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Silver: White metal losing ground this morning

Posted on August 24, 2015 by GCI Financial

Silver Movement On Friday, Silver prices declined 1.83% to USD 15.30 per ounce during the period ending 20:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.28, with silver trading 0.1% lower from Friday’s close. The pair … Continue reading →

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Gold: Gold trading higher in the Asian session

Posted on August 24, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 0.36% against the USD in the period ending 20:00GMT, at 1158.80 per ounce, notching a six-week high, as a slump in global equity markets drove investors to the safe haven metal. … Continue reading →

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Crude Oil: Crude oil trading lower this morning

Posted on August 21, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 41.09. In the Asian session, at GMT0300, the pair is trading at 40.69, with crude oil prices trading 0.97% lower … Continue reading →

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Silver: Silver is trading flat in the Asian session

Posted on August 21, 2015 by GCI Financial

Silver Movement Silver prices rose 1.80% to USD 15.59 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.59, with silver trading unchanged from yesterday’s close. The pair is expected … Continue reading →

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Gold: Gold is trading higher, after slump in China PMI data for August

Posted on August 21, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 1.98% against the USD in the 24 hour period ending 23:00GMT, at 1154.60 per ounce following rout in equities and as traders continued to speculate that Fed would not rush in hiking interest … Continue reading →

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Crude Oil: Crude oil trading extends its losses in the Asian session, amid strongest build in US stockpiles in 4 months

Posted on August 20, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 4.06% against the USD for the 24 hour period ending 23:00GMT, closing at 40.65, after the EIA reported that the US crude oil inventories rose 2.6 million, the highest since April, for the … Continue reading →

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Silver: Silver trading higher in the Asian session

Posted on August 20, 2015 by GCI Financial

Silver Movement Silver prices rose 2.99% to USD 15.31 per ounce during the 24 hours ending 23:00GMT, tracking gains in the gold prices. In the Asian session, at GMT0300, the pair is trading at 15.38, with silver trading 0.46% higher … Continue reading →

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Gold: Gold extends its gains in the Asian session

Posted on August 20, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 1.37% against the USD in the 24 hour period ending 23:00GMT, at 1132.20 per ounce, as Fed’s minutes for July policy meeting highlighted a less probability of rate hike in September Fed meeting. … Continue reading →

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Crude Oil: Crude Oil extends its gains in the Asian session, after API reported a drop in the US stockpiles

Posted on August 19, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.22% against the USD for the 24 hour period ending 23:00GMT, closing at 42.37, after the American Petroleum Institute (API) said that the US crude inventories dropped 2.3 million barrels in the previous … Continue reading →

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Silver: Silver trading higher in the Asian session

Posted on August 19, 2015 by GCI Financial

Silver Movement Silver prices declined 2.65% to USD 14.87 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.89, with the silver trading 0.17% higher from yesterday’s close. The pair … Continue reading →

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