Gold: Yellow metal trading higher in the Asian session

Posted on April 16, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.86% against the USD in the 24 hour period ending 23:00GMT, at 1203.10 per ounce, amid a broad weakness in the greenback on the back of downbeat industrial production data in the US, … Continue reading →

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

Posted on April 15, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.02% against the USD for the 24 hour period ending 23:00GMT, closing at 53.53, amid signs of falling US oil production. Oil prices were further supported after the American Petroleum Institute (API) showed … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on April 15, 2015 by GCI Financial

Silver Movement Silver prices declined 0.62% to USD 16.14 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.12, with the silver trading 0.09% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading weaker this morning

Posted on April 15, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1192.80 per ounce, as the global equity markets remained in green. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on April 14, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.76% against the USD for the 24 hour period ending 23:00GMT, closing at 51.96, as downbeat economic data from China spurred expectations that the policymakers in Beijing would be urged to implement additional … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on April 14, 2015 by GCI Financial

Silver Movement Silver prices declined 1.19% to USD 16.24 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 16.29, with the silver trading 0.31% higher … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on April 14, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.76% against the USD in the 24 hour period ending 23:00GMT, at 1198.60 per ounce, reversing its previous session gains. Separately, gold holdings of the SPDR Gold Trust narrowed to 734.29 tons, from … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on April 13, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 1.91% against the USD for the period ending 21:00GMT, closing at 51.71, on news of declining US drilling activity and after abating concerns over Iran’s oil flooding an already oversupplied market … Continue reading →

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Silver: White metal trading lower this morning

Posted on April 13, 2015 by GCI Financial

Silver Movement On Friday, Silver prices rose 1.92% to USD 16.47 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.39, with the silver trading 0.43% … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on April 13, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 1.16% against the USD in the period ending 21:00GMT, at 1207.90 per ounce, rebounding from its previous session losses. Meanwhile, holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on April 10, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 50.74 rebounding from its previous session losses. In the Asian session, at GMT0300, the pair is trading at 50.75, with … Continue reading →

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