Gold: Yellow metal trading on a weaker footing this morning

Posted on February 10, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.4% against the USD and closed at USD1575.8 per ounce on Friday, amid rising fears about the spread of the coronavirus and its impact on the global economy. In … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading lower ahead of Baker Hughes weekly rig count data

Posted on February 7, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.23% against the USD and closed at USD51.32 per barrel. In the Asian session, at GMT0400, the pair is trading at 51.19, with oil trading 0.25% lower … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains in the morning session

Posted on February 7, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.22% against the USD and closed at USD17.81 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.80, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the morning session

Posted on February 7, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.72% against the USD and closed at USD1570.20 per ounce, as hopes for low interest rates and concerns about the economic impact of the coronavirus epidemic increased demand for … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil extends its gains in the Asian session

Posted on February 6, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.25% against the USD and closed at USD51.20 per barrel, amid unconfirmed reports that effective treatment for coronavirus has been found and decline in both US gasoline … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher in the Asian session

Posted on February 6, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver remained flat against the USD at USD17.59 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.64, with silver trading 0.28% higher against the USD from … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the morning session

Posted on February 6, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.19% against the USD and closed at USD1559.70 per ounce, amid speculation that global central banks would maintain loose monetary policy. In the Asian session, at GMT0400, the pair … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading higher ahead of the EIA crude oil stockpiles data

Posted on February 5, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.52% against the USD and closed at USD49.59 per barrel, amid mounting fears over the impact of coronavirus outbreak on oil demand. Additionally, the American Petroleum Institute … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading slightly higher this morning

Posted on February 5, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.48% against the USD and closed at USD17.59 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.60, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the morning session

Posted on February 5, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.67% against the USD and closed at USD1556.70 per ounce, after China’s central bank intervened to contain the economic effect of the deadly coronavirus outbreak. In the Asian session, … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading higher ahead of API crude inventories data

Posted on February 4, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.75% against the USD and closed at USD49.85 per barrel, amid worries about a slowdown in oil demand. However, losses were limited amid reports that the Organisation … Continue reading →

Posted in Crude Oil | Comments Off