Gold: Yellow metal trading lower this morning

Posted on May 19, 2015 by GCI Financial

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1224.90 per ounce, amid mounting speculation of a further delay in the Fed’s interest rate hike. Separately, gold holdings in the SPDR … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading between its MA’s

Posted on May 18, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.22% against the USD for the period ending 21:00GMT, closing at 59.84, rebounding from its previous session losses. In the Asian session, at GMT0300, the pair is trading at 59.76, with … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains this morning

Posted on May 18, 2015 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.26% to USD 17.55 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.62, with the silver trading 0.4% higher from Friday’s close. The … Continue reading →

Posted in Silver | Comments Off

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

Posted on May 18, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 0.26% against the USD in the period ending 21:00GMT, at 1224.40 per ounce, on the back of weak economic data in the US, thus enhancing demand for the safe-haven yellow metal … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil prices trading below its MA’s

Posted on May 15, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.53% against the USD for the 24 hour period ending 23:00GMT, closing at 59.71, as supply glut concerns continued to hit oil prices. In the Asian session, at GMT0300, the pair is trading … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains in the Asian session

Posted on May 15, 2015 by GCI Financial

Silver Movement Silver prices rose 2.01% to USD 17.51 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.345, with the silver trading 0.91% lower from yesterday’s close. The pair … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower this morning

Posted on May 15, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.54% against the USD in the 24 hour period ending 23:00GMT, at 1221.20 per ounce, as a broad weakness in the greenback against its major counterparts burnished demand for the safe-haven yellow metal. … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading higher in the Asian session

Posted on May 14, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.02% against the USD for the 24 hour period ending 23:00GMT, closing at 60.03, as supply glut worries continued to persist after a rise in OPEC oil supply more than offset a decline … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on May 14, 2015 by GCI Financial

Silver Movement Silver prices rose 3.91% to USD 17.16 per ounce during the 24 hours ending 23:00GMT, tracking heavy gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.08, with the silver trading 0.47% … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the Asian session

Posted on May 14, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 1.90% against the USD in the 24 hour period ending 23:00GMT, at 1214.70 per ounce, as the greenback weakened, after the US retail sales came in weaker than expected in April, thus enhancing … Continue reading →

Posted in Gold | Comments Off

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

Posted on May 13, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.36% against the USD for the 24 hour period ending 23:00GMT, closing at 61.27, as the Organization of the Petroleum Exporting Countries (OPEC) raised its 2015 world oil demand growth forecast to 1.18 … Continue reading →

Posted in Crude Oil | Comments Off