Gold: Yellow metal trading on a stronger footing this morning

Posted on March 13, 2015 by GCI Financial

Gold Movement Gold prices traded a tad lower against the USD in the 24 hour period ending 23:00GMT, at 1153.50 per ounce. Losses were trimmed, after retail sales in the US registered an unexpected drop in February, thus increased demand … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading below its MA’s

Posted on March 12, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.70% against the USD for the 24 hour period ending 23:00GMT, closing at 48.34, extending its previous session losses, after the Energy Information Administration (EIA) data showed that US crude oil inventories climbed … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading lower in the Asian session

Posted on March 12, 2015 by GCI Financial

Silver Movement Silver prices declined 0.83% to USD 15.49 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 15.43, with the silver trading 0.32% lower … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing this morning

Posted on March 12, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.69% against the USD in the 24 hour period ending 23:00GMT, at 1153.90 per ounce, on the back of broad strength in the greenback. Yesterday, gold holdings in the SPDR Gold Trust narrowed … Continue reading →

Posted in Gold | Comments Off

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

Posted on March 11, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.54% against the USD for the 24 hour period ending 23:00GMT, closing at 48.68, as a broad strength in the greenback decreased the demand for the commodities as an alternative investment. Yesterday, the … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on March 11, 2015 by GCI Financial

Silver Movement Silver prices declined 0.67% to USD 15.62 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 15.66, with the silver trading 0.32% higher … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading flat this morning

Posted on March 11, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1161.90 per ounce, on rising speculations that the US Fed would raise interest rates around midyear. Separately, gold holdings of SPDR … Continue reading →

Posted in Gold | Comments Off

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

Posted on March 10, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24 hour period ending 23:00GMT, closing at 49.95. Yesterday, a leading bank projected oil futures to stay low for some more time, however added that its earlier … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses this morning

Posted on March 10, 2015 by GCI Financial

Silver Movement Silver prices declined 0.85% to USD 15.72 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.715, with the silver trading marginally lower from yesterday’s close. The pair … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a weaker footing this morning

Posted on March 10, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1166.80 per ounce, extending its previous session losses. Yesterday, gold holdings in the SPDR Gold Trust decreased to 756.32 tons, from … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading below its MA’s

Posted on March 9, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 2.70% against the USD for the period ending 21:00GMT, closing at 49.64. In the Asian session, at GMT0400, the pair is trading at 49.37, with the oil trading 0.54% lower from … Continue reading →

Posted in Crude Oil | Comments Off