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

Posted on March 18, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.74% against the USD for the 24 hour period ending 23:00GMT, closing at 42.53, after the American Petroleum Institute (API) data showed that US crude oil stocks expanded by 10.5 million to 450 … Continue reading →

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Silver: White metal trading flat in the Asian session

Posted on March 18, 2015 by GCI Financial

Silver Movement Silver prices declined 0.42% to USD 15.54 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.54, with the silver trading flat from … Continue reading →

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Gold: Yellow metal reverses its losses this morning

Posted on March 18, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.49% against the USD in the 24 hour period ending 23:00GMT, at 1148.70 per ounce, ahead of the Fed’s closely watched monetary policy meeting, scheduled later today, as the market speculates whether the … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on March 17, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 43.73, as reports came in that oil sanctions on Iran would be removed, boosting the nation’s oil exports and adding … Continue reading →

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Silver: White metal reverses its gains this morning

Posted on March 17, 2015 by GCI Financial

Silver Movement Silver prices rose 0.10% to USD 15.61 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.58, with the silver trading 0.16% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on March 17, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1154.30 per ounce, as the Fed gears up to meet and decide whether to raise interest rate in the US sooner … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on March 16, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 3.86% against the USD for the period ending 21:00GMT, closing at 45.14, amid a broad rally in the greenback coupled with the International Energy Agency (IEA) warning that the global oil … Continue reading →

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

Posted on March 16, 2015 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.06% to USD 15.57 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.64, with the silver trading 0.48% higher from Friday’s close. The … Continue reading →

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Gold: Yellow metal extends its gains this morning

Posted on March 16, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 0.08% against the USD in the period ending 21:00GMT, at 1154.40 per ounce, after the US Michigan preliminary consumer sentiment unexpectedly fell short of market expectations, thus increasing demand for the … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on March 13, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.88% against the USD for the 24 hour period ending 23:00GMT, closing at 46.95, on supply glut concerns. In the Asian session, at GMT0400, the pair is trading at 47.1, with the gold … Continue reading →

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Silver: White metal extends its gains this morning

Posted on March 13, 2015 by GCI Financial

Silver Movement Silver prices rose 0.58% to USD 15.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.605, with the silver trading 0.19% higher from yesterday’s close. The pair … Continue reading →

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