Crude Oil: Oil trading higher in the Asian session

Posted on August 7, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 44.80, as fears of global over-supply continued to persist. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 7, 2015 by GCI Financial

Silver Movement Silver prices rose 0.41% to USD 14.63 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 14.66, with the silver trading 0.21% higher … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on August 7, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1089.10 per ounce, after a decline in global equity markets increased the demand for the precious metal as an alternative investment. … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on August 6, 2015 by GCI Financial

Crude Oil Movement Crude oil prices declined 1.37% against the USD for the 24 hour period ending 23:00GMT, closing at 45.22, despite the Energy Information Administration (EIA) disclosing a drawdown in US crude stockpiles. The EIA revealed that US crude … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on August 6, 2015 by GCI Financial

Silver Movement Silver prices rose 0.31% to USD 14.57 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.55, with silver trading 0.1% lower from yesterday’s close. The pair is … Continue reading →

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Gold: Yellow metal extends its losses this morning

Posted on August 6, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1084.60 per ounce, after stronger than expected US ISM non-manufacturing PMI data bolstered the case of an imminent rate hike by … Continue reading →

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

Posted on August 5, 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 45.85, rebounding from its previous session losses. Oil prices found some support, after the American Petroleum Institute (API) disclosed that … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 5, 2015 by GCI Financial

Silver Movement Silver prices rose 0.52% to USD 14.53 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 14.52, with the silver trading a tad … Continue reading →

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Gold: Yellow metal reverses its gains this morning

Posted on August 5, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.15% against the USD in the 24 hour period ending 23:00GMT, at 1086.40 per ounce, rebounding from its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1085.90, … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on August 4, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.93% against the USD for the 24 hour period ending 23:00GMT, closing at 45.36, on demand growth concerns, after manufacturing activity in China, the world’s second biggest consumer of oil, slowed down to … Continue reading →

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Silver: White metal trading lower this morning

Posted on August 4, 2015 by GCI Financial

Silver Movement Silver prices declined 1.93% to USD 14.45 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.415, with the silver trading 0.24% lower from yesterday’s close. The pair … Continue reading →

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