Gold: Gold extends its losses in the Asian session

Posted on August 4, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.86% against the USD in the 24 hour period ending 23:00GMT, at 1084.80 per ounce, as the greenback strengthened against its peers. Additionally, the timing of a hike in the US interest rates … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on August 3, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 3.38% against the USD for the period ending 21:00GMT, closing at 46.90, as concerns of global supply outweighing demand continued to drive the oil prices lower. In the Asian session, at … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on August 3, 2015 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.10% to USD 14.72 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.7, with the silver trading 0.14% lower from Friday’s close. The … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on August 3, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 0.67% against the USD in the period ending 21:00GMT, at 1094.90 per ounce, amid a broad weakness in the greenback. Separately, gold holdings in the SPDR Gold Trust, remained unchanged at … Continue reading →

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Crude Oil: Oil trading lower this morning

Posted on July 31, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.84% against the USD for the 24 hour period ending 23:00GMT, closing at 48.54, on continued concerns of global oil over-supply. In the Asian session, at GMT0300, the pair is trading at 48.24, … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 31, 2015 by GCI Financial

Silver Movement Silver prices declined 0.61% to USD 14.71 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 14.65, with the silver trading 0.34% lower … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on July 31, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.82% against the USD in the 24 hour period ending 23:00GMT, at 1087.60 per ounce, amid a broad strength in the greenback, after the US annualized GDP growth picked up speed in 2Q … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on July 30, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.49% against the USD for the 24 hour period ending 23:00GMT, closing at 48.95, after the EIA disclosed that US crude oil stocks eased more than market anticipations. The Energy Information Administration revealed … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 30, 2015 by GCI Financial

Silver Movement Silver prices rose 0.99% to USD 14.80 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.75, with the silver trading 0.27% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on July 30, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1096.60 per ounce. However, gains in gold prices were kept in check, after the Fed’s recent monetary policy statement indicated that … Continue reading →

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

Posted on July 29, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.51% against the USD for the 24 hour period ending 23:00GMT, closing at 47.76, rebounding from its previous session losses. Separately, the American Petroleum Institute (API) disclosed that US crude oil inventories fell … Continue reading →

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