Gold: Yellow metal trading on a weaker footing in the Asian session

Posted on July 20, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.97% against the USD in the period ending 21:00GMT, at 1132.70 per ounce, following upbeat economic releases in the US, thus bolstering the chances of a rate hike by the Fed … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on July 17, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.32% against the USD for the 24 hour period ending 23:00GMT, closing at 51.02, extending its earlier session losses, as fears of fresh crude-oil glut continued to hit the commodity’s price. In the … Continue reading →

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Silver: White metal trading slightly higher this morning

Posted on July 17, 2015 by GCI Financial

Silver Movement Silver prices declined 0.63% to USD 14.97 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 14.97, with the silver trading marginally higher … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on July 17, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1143.80 per ounce, as possibility of an imminent rate hike by the Fed remained high, after the US initial jobless claims … Continue reading →

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Crude Oil: Oil reverses its losses in the Asian session

Posted on July 16, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.00% against the USD for the 24 hour period ending 23:00GMT, closing at 51.70, on escalated concerns of a global oil oversupply, after Iran clinched a deal with the West and eventually led … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 16, 2015 by GCI Financial

Silver Movement Silver prices declined 1.66% to USD 15.07 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 15.04, with the silver trading 0.17% lower … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on July 16, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1148.10 per ounce, after the Fed Chief, Janet Yellen, in her testimony, reiterated that the central bank will likely raise its … Continue reading →

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

Posted on July 15, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.60% against the USD for the 24 hour period ending 23:00GMT, closing at 53.30. However, during the day, oil prices had fallen sharply, after Iran reached a historic long-awaited nuclear deal with the … Continue reading →

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Silver: White metal trading flat this morning

Posted on July 15, 2015 by GCI Financial

Silver Movement Silver prices declined 0.78% to USD 15.32 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.32, with the silver trading flat lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on July 15, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1155.30 per ounce, as growing uncertainty over the timing of the Fed’s interest rate hike, after the US retail sales unexpectedly … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on July 14, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 51.95, after Saudi Arabia, world’s biggest oil exporter informed OPEC that it has raised its crude oil production output to … Continue reading →

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