Gold: Yellow metal extends its losses this morning

Posted on June 4, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.68% against the USD in the 24 hour period ending 23:00GMT, at 1185.20 per ounce, on signs that the ECB could alter its stimulus plan, while the US ADP employment data beat expectations, … Continue reading →

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

Posted on June 3, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.20% against the USD for the 24 hour period ending 23:00GMT, closing at 60.90. Separately, the American Petroleum Institute (API) showed that US crude oil stocks gained by 1.8 million barrels in the … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on June 3, 2015 by GCI Financial

Silver Movement Silver prices rose 0.27% to USD 16.78 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 16.73, with the silver trading 0.24% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on June 3, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1193.30 per ounce, as uncertainty about Greece’s debt woes combined with a broad weakness in the greenback, lifted demand for the … Continue reading →

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Crude Oil: Oil trading flat this morning

Posted on June 2, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.38% against the USD for the 24 hour period ending 23:00GMT, closing at 60.18. Gains in oil prices were trimmed, after a private survey showed that the OPEC continued pumping ample oil in … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on June 2, 2015 by GCI Financial

Silver Movement Silver prices traded a tad higher against the USD at 16.73 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.70, with the silver trading 0.18% lower from … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on June 2, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1189.40 per ounce, as a broad strength in the greenback dampened gold’s allure. In the Asian session, at GMT0300, the pair … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on June 1, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 3.54% against the USD for the period ending 21:00GMT, closing at 60.23, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 59.83, with the … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on June 1, 2015 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.21% to USD 16.74 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.66, with the silver trading 0.45% lower from Friday’s close. The … Continue reading →

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Gold: Yellow metal trading marginally lower in the Asian session

Posted on June 1, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 0.14% against the USD in the period ending 21:00GMT, at 1190.50 per ounce, as disappointing GDP data from the US enhanced demand for the safe-haven yellow metal. Separately, gold holdings of … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on May 29, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.80% against the USD for the 24 hour period ending 23:00GMT, closing at 58.17, after the Energy information Administration (EIA) showed that US crude oil stocks dropped for the fourth week, easing more … Continue reading →

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