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

Posted on July 8, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 52.79, as the fear of global over supply continued to hit the commodity’s price. Meanwhile, the negotiations on Iran’s nuclear … Continue reading →

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Silver: White metal extends its losses this morning

Posted on July 8, 2015 by GCI Financial

Silver Movement Silver prices declined 3.92% to USD 15.07 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.84, with the silver trading 1.49% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on July 8, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.27% against the USD in the 24 hour period ending 23:00GMT, at 1154.10 per ounce, amid broad strength in the greenback. Gold prices further lost ground, after the Eurogroup officials gave the Greek … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on July 7, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.70% against the USD for the 24 hour period ending 23:00GMT, closing at 52.89, ahead of the meeting between Iran and the Western powers, as an agreement between the two would raise concerns … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on July 7, 2015 by GCI Financial

Silver Movement Silver prices declined 0.22% to USD 15.68 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 15.64, with the silver trading 0.26% lower … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on July 7, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1169.00 per ounce, extending its previous session losses. Meanwhile, expectations of a possible interest rate hike by the Fed at its … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on July 6, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.94% against the USD for the period ending 21:00GMT, closing at 55.52. In the Asian session, at GMT0300, the pair is trading at 54.99, with the oil trading 0.95% lower from … Continue reading →

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Silver: White metal reverses its gains this morning

Posted on July 6, 2015 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.13% to USD 15.66 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.57, with the silver trading 0.54% lower from Friday’s close. The … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on July 6, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.25% against the USD in the period ending 21:00GMT, at 1167.80 per ounce, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1167.20, with … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on July 3, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 56.62, extending its previous session losses. Meanwhile, a report showed that the number of active oil drilling rigs in the … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 3, 2015 by GCI Financial

Silver Movement Silver prices rose 0.74% to USD 15.64 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.58, with the silver trading 0.32% lower from yesterday’s close. The pair … Continue reading →

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