Crude Oil: Oil trading above its MA’s

Posted on March 3, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.79% against the USD for the 24 hour period ending 23:00GMT, closing at 49.76. However, gains in oil prices were kept in check, as speculation of a nuclear deal with Tehran which could … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its losses in the Asian session

Posted on March 3, 2015 by GCI Financial

Silver Movement Silver prices declined 1.17% to USD 16.41 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.525, with the silver trading 0.7% higher from yesterday’s close. The pair … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing this morning

Posted on March 3, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.60% against the USD in the 24 hour period ending 23:00GMT, at 1205.90 per ounce, amid a broad strength in the greenback. Meanwhile, gold holdings in SPDR Gold Trust, the world’s largest gold-backed … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading higher this morning

Posted on March 2, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.96% against the USD for the period ending 21:00GMT, closing at 49.30, after the US annualized 4Q GDP expanded more than expected, thus increasing  demand outlook of the commodity from the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its losses in the Asian session

Posted on March 2, 2015 by GCI Financial

Silver Movement On Friday, Silver prices traded a tad lower to USD 16.59 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.735, with the silver trading 0.87% higher from Friday’s … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading higher in the Asian session

Posted on March 2, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 0.21% against the USD in the period ending 21:00GMT, at 1212.40 per ounce, after the US economy in the fourth quarter registered a slower pace of expansion than earlier reported, thus … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading on a stronger footing in the Asian session

Posted on February 27, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 4.35% against the USD for the 24 hour period ending 23:00GMT, closing at 48.83, as the greenback strengthened and reduced the demand for the commodities as an alternative investment. Additionally, global supply glut … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains this morning

Posted on February 27, 2015 by GCI Financial

Silver Movement Silver prices rose 0.18% to USD 16.60 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.59, with the silver trading marginally lower … Continue reading →

Posted in Silver | Comments Off

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

Posted on February 27, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1209.80 per ounce, on the back of worse than expected CPI and initial jobless claims data in the US, thus increasing … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading above its MA’s

Posted on February 26, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.63% against the USD for the 24 hour period ending 23:00GMT, closing at 51.05, following an unexpected expansion in China’s manufacturing activity in February and after Saudi Arabia’s Oil minister, Ali al-Naimi mentioned … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on February 26, 2015 by GCI Financial

Silver Movement Silver prices rose 1.35% to USD 16.57 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.625, with the silver trading 0.36% higher … Continue reading →

Posted in Silver | Comments Off