Gold: Yellow metal turns lower in the Asian session

Posted on August 19, 2015 by GCI Financial

Gold Movement Gold prices traded higher marginally against the USD in the 24 hour period ending 23:00GMT, at 1116.90 per ounce. In the Asian session, at GMT0300, the pair is trading at 1116.8, with the gold trading slightly lower from … Continue reading →

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Crude Oil: Crude Oil extends its losses, ahead of the API data

Posted on August 18, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.48% against the USD for the 24 hour period ending 23:00GMT, closing at 41.86, as China’s slowdown and Japan’s contracting economy spurred worries about oil demand. News also emerged that the OPEC would … Continue reading →

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Silver: White metal is trading lower in the Asian session

Posted on August 18, 2015 by GCI Financial

Silver Movement Silver prices rose 0.46% to USD 15.27 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.23, with the silver trading 0.23% lower from yesterday’s close. The pair … Continue reading →

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Gold: Gold is trading higher in the Asian session

Posted on August 18, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1116.40 per ounce. PboC resumed its efforts to stabilize the Yuan, a week after it fell to its lowest level in … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on August 17, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.45% against the USD for the period ending 21:00GMT, closing at 42.11, as industrial production in the US, the world’s biggest consumer of oil increased more than expected, thus raising the … Continue reading →

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Silver: White metal reverses its losses this morning

Posted on August 17, 2015 by GCI Financial

Silver Movement On Friday, Silver prices declined 1.17% to USD 15.19 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.23, with the silver trading 0.3% higher from Friday’s close. The … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on August 17, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded marginally higher against the USD in the period ending 21:00GMT, at 1114.70 per ounce, on the back of mixed economic data from the US. Separately, gold holdings in the SPDR Gold Trust remained … Continue reading →

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Crude Oil: Crude Oil trading lower, ahead of rig count data from the US

Posted on August 14, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.45% against the USD for the 24 hour period ending 23:00GMT, closing at 41.92. In the Asian session, at GMT0300, the pair is trading at 42.01, with crude oil prices trading 0.21% higher … Continue reading →

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Silver: Silver trading lower in the Asian session

Posted on August 14, 2015 by GCI Financial

Silver Movement Silver prices declined 1.03% to USD 15.37 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 15.36, with silver trading marginally lower from … Continue reading →

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Gold: The yellow metal extends its losses in the Asian session

Posted on August 14, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.85% against the USD in the 24 hour period ending 23:00GMT, at 1114.10 per ounce, as the greenback strengthened, backed by upbeat economic data from the US. In the Asian session, at GMT0300, … Continue reading →

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Crude Oil: Crude Oil reverses its gains in the Asian session

Posted on August 13, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 43.42, recovering from its six-year lows, after the Energy Information Administration (EIA) announced that the US oil stockpiles fell by … Continue reading →

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