Crude Oil: Oil trading above its MA’s

Posted on April 2, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 4.19% against the USD for the 24 hour period ending 23:00GMT, closing at 49.71, despite mounting speculations that the Iranian oil supplies will add to a global glut. Separately, the Energy Information Administration … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on April 2, 2015 by GCI Financial

Silver Movement Silver prices rose 1.80% to USD 16.94 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 16.92, with the silver trading 0.09% lower … Continue reading →

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Gold: Yellow metal trading marginally lower this morning

Posted on April 2, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 1.72% against the USD in the 24 hour period ending 23:00GMT, at 1203.50 per ounce, amid a broad weakness in the greenback on the back of weak economic data in the US, thus … Continue reading →

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

Posted on April 1, 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 47.71, ahead of the outcome of Iran’s talks with the West over its nuclear program. Oil prices were further pressurized, … Continue reading →

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

Posted on April 1, 2015 by GCI Financial

Silver Movement Silver prices declined 0.54% to USD 16.64 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 16.7, with the silver trading 0.39% higher … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on April 1, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.27% against the USD in the 24 hour period ending 23:00GMT, at 1183.20 per ounce, as the US consumer confidence unexpectedly jumped in March, thus dampening the safe haven demand for the precious … Continue reading →

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Crude Oil: Oil trading lower ahead of the weekly crude oil data from the API

Posted on March 31, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.64% against the USD for the 24 hour period ending 23:00GMT, closing at 48.66, slightly rebounding from its earlier session losses. In the Asian session, at GMT0300, the pair is trading at 48.07, … Continue reading →

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Silver: White metal trading lower this morning

Posted on March 31, 2015 by GCI Financial

Silver Movement Silver prices declined 1.18% 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 16.59, with the silver trading 0.78% lower … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on March 31, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.98% against the USD in the 24 hour period ending 23:00GMT, at 1186.40 per ounce, amid broad gains in the global equity markets coupled with strengthening of the greenback which decreased the demand … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on March 30, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 5.44% against the USD for the period ending 21:00GMT, closing at 48.34, after reports came in that sanctions against Iran would be lifted which could further escalate worries of oversupply in … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on March 30, 2015 by GCI Financial

Silver Movement On Friday, Silver prices declined 1.02% to USD 16.92 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.89, with the silver trading 0.15% … Continue reading →

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