Crude Oil: Oil trading lower in the Asian session

Posted on May 22, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.46% against the USD for the 24 hour period ending 23:00GMT, closing at 60.75, amid easing concerns of oversupply and continued concerns about violence in the Middle East. In the Asian session, at … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on May 22, 2015 by GCI Financial

Silver Movement Silver prices rose 0.35% to USD 17.17 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.11, with the silver trading 0.29% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading a tad higher this morning

Posted on May 22, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1205.80 per ounce. Losses in gold prices were capped by disappointing economic data in the US, as weekly initial jobless claims … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on May 21, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.62% against the USD for the 24 hour period ending 23:00GMT, closing at 58.72, after official data from the Energy Information Administration (EIA) showed crude stockpiles in the US declined more than expected … Continue reading →

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Silver: White metal extends its gains this morning

Posted on May 21, 2015 by GCI Financial

Silver Movement Silver prices traded marginally higher against the USD at 17.11 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.19, with the silver trading 0.5% higher from yesterday’s … Continue reading →

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

Posted on May 21, 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 1209.50 per ounce, after the latest Fed minutes revealed that a rate hike was doubtful at the next FOMC meeting in … Continue reading →

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

Posted on May 20, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.95% against the USD for the 24 hour period ending 23:00GMT, closing at 58.36, after Saudi Arabia’s Oil Minister, Ali al-Naimi mentioned that the nation exported nearly 8 million barrels per day (bpd) … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on May 20, 2015 by GCI Financial

Silver Movement Silver prices declined 3.53% to USD 17.10 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 17.08, with the silver trading 0.12% lower … Continue reading →

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Gold: Yellow metal trading marginally higher this morning

Posted on May 20, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.35% against the USD in the 24 hour period ending 23:00GMT, at 1208.40 per ounce, as the greenback traded higher against its major peers, after the US housing data figures surpassed market forecasts, … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on May 19, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.42% against the USD for the 24 hour period ending 23:00GMT, closing at 59.52, as the greenback strengthened and weighed on the dollar-denominated commodity. However, losses in oil prices were cut, after Iraq’s … Continue reading →

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

Posted on May 19, 2015 by GCI Financial

Silver Movement Silver prices rose 0.54% to USD 17.73 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.535, with the silver trading 1.07% lower from yesterday’s close. The pair … Continue reading →

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