Silver: White metal trading marginally higher in the Asian session

Posted on May 29, 2015 by GCI Financial

Silver Movement Silver prices rose 0.12% to USD 16.70 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.705, with the silver trading a tad higher from yesterday’s close. The … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on May 29, 2015 by GCI Financial

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1188.80 per ounce, as a lower greenback coupled with the ongoing uncertainty in Greece bolstered the demand of the safe-haven yellow metal. … Continue reading →

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

Posted on May 28, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.23% against the USD for the 24 hour period ending 23:00GMT, closing at 57.71, as a broad strengthening in the greenback weighed on the commodity’s price along with concerns that US crude oil … Continue reading →

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Silver: White metal reverses its losses this morning

Posted on May 28, 2015 by GCI Financial

Silver Movement Silver prices declined 0.30% to USD 16.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.68, with the silver trading a tad higher from yesterday’s close. The … Continue reading →

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Gold: Yellow metal trading marginally lower in the Asian session

Posted on May 28, 2015 by GCI Financial

Gold Movement Gold prices traded a tad higher against the USD in the 24 hour period ending 23:00GMT, at 1188.20 per ounce. Yesterday, gold holdings of the SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, expanded to 715.86 tons, … Continue reading →

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Crude Oil: Oil prices trading lower in the Asian session

Posted on May 27, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.39% against the USD for the 24 hour period ending 23:00GMT, closing at 58.43, as the greenback strengthened along with increasing possibility that US shale oil producers may increase their drilling activity. In … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on May 27, 2015 by GCI Financial

Silver Movement Silver prices declined 2.22% to USD 16.73 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 16.775, with the silver trading 0.27% higher … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on May 27, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.61% against the USD in the 24 hour period ending 23:00GMT, at 1188.10 per ounce, as the greenback rallied against its peers, denting the appeal of the commodities as an alternative investment. Separately, … Continue reading →

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Crude Oil: Oil trading between its MA’s

Posted on May 26, 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 59.86, after Iran’s Oil Minister, Bijan Zanganeh mentioned that the OPEC will maintain its monthly oil production limit. In the … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on May 26, 2015 by GCI Financial

Silver Movement Silver prices rose 0.26% to USD 17.11 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.06, with the silver trading 0.26% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on May 26, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1207.60 per ounce, with investors keeping an eye on the timing of the Fed interest rate hike. In the Asian session, … Continue reading →

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