Gold: Yellow metal trading higher in the Asian session

Posted on February 26, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1204.90 per ounce, amid a broad weakness in the greenback after the Fed Chief, Janet Yellen pushed back the likely timing … Continue reading →

Posted in Gold | Comments Off

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

Posted on February 25, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.38% against the USD for the 24 hour period ending 23:00GMT, closing at 49.26, after the American Petroleum Institute (API) data showed that US crude stocks expanded by 8.9 million barrels to 437.0 … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher in the Asian session

Posted on February 25, 2015 by GCI Financial

Silver Movement Silver prices declined 0.09% to USD 16.35 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 16.64, with the silver trading 1.8% higher … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses this morning

Posted on February 25, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1201.40 per ounce, as a strong rally in the global equity markets somewhat dented the safe haven appeal of the precious … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading higher in the Asian session

Posted on February 24, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.04% against the USD for the 24 hour period ending 23:00GMT, closing at 49.45, after Nigeria’s Oil Minister, Diezani Alison-Madueke stated that the Organization of Petroleum Exporting Countries (OPEC) could hold an emergency … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher this morning

Posted on February 24, 2015 by GCI Financial

Silver Movement Silver prices rose 0.65% to USD 16.36 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.365, with the silver trading marginally higher 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 February 24, 2015 by GCI Financial

Gold Movement Gold prices traded flat against the USD in the 24 hour period ending 23:00GMT, at 1202.40 per ounce. Meanwhile, bullion investors look forward to the Fed Chairperson, Janet Yellen’s testimony for signs of when the US central bank … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading below its MA’s

Posted on February 23, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.86% against the USD for the period ending 21:00GMT, closing at 50.92, amid concerns of continued global supply glut. In the Asian session, at GMT0400, the pair is trading at 50.89, … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its losses in the Asian session

Posted on February 23, 2015 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.67% to USD 16.26 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.33, with the silver trading 0.46% … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing this morning

Posted on February 23, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.68% against the USD in the period ending 21:00GMT, at 1199.60 per ounce, amid a strong rally in the global equity markets. Meanwhile, safe-haven appeal of the yellow metal was diminished, … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading above its MA’s

Posted on February 20, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.99% against the USD for the 24 hour period ending 23:00GMT, closing at 51.36. However, gains in oil prices were kept in check after the Energy Information Administration (EIA) data showed that US … Continue reading →

Posted in Crude Oil | Comments Off