Gold: Yellow metal trading higher in the Asian session

Posted on June 18, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1184.10 per ounce, after the Fed kept its monetary policy unchanged during June’s meeting In the Asian session, at GMT0300, the … Continue reading →

Posted in Gold | Comments Off

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

Posted on June 17, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 60.01. Yesterday, the American Petroleum Institute (API) showed that US crude oil inventories fell by 2.9 million barrels last week. … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing in the Asian session

Posted on June 17, 2015 by GCI Financial

Silver Movement Silver prices declined 0.41% to USD 15.97 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.93, with the silver trading 0.25% lower from yesterday’s close. The pair … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading higher this morning

Posted on June 17, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.35% against the USD in the 24 hour period ending 23:00GMT, at 1181.20 per ounce, ahead of the Fed’s announcement regarding its highly anticipated interest rate decision. Separately, gold holdings of the SPDR … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading above its MA’s

Posted on June 16, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.30% against the USD for the 24 hour period ending 23:00GMT, closing at 59.58, as supply glut continued to hurt the commodity’s prices. In the Asian session, at GMT0300, the pair is trading … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading flat this morning

Posted on June 16, 2015 by GCI Financial

Silver Movement Silver prices rose 0.28% to USD 16.04 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.035, with the silver trading flat from yesterday’s close. The pair is … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading higher in the Asian session

Posted on June 16, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1185.40 per ounce, as dismal industrial and manufacturing production data in the US, enhanced demand for the safe-haven precious metal. Gold … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading below its MA’s

Posted on June 15, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.94% against the USD for the period ending 21:00GMT, closing at 59.97. Losses in oil prices were kept in check, after  the number of US rigs actively drilling for oil dropped … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading lower this morning

Posted on June 15, 2015 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.41% to USD 15.92 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.88, with the silver trading 0.19% lower from Friday’s close. The … Continue reading →

Posted in Silver | Comments Off

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

Posted on June 15, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded marginally lower against the USD in the period ending 21:00GMT, at 1180.70 per ounce, shrugging off weakness in the greenback along with a decline in the global equity markets. Separately, gold holdings in … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading below its MA’s

Posted on June 12, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.95% against the USD for the 24 hour period ending 23:00GMT, closing at 60.54. Yesterday, the International Energy Agency in its monthly oil report forecasted that demand for oil to rise by 1.4 … Continue reading →

Posted in Crude Oil | Comments Off