Crude Oil: Oil trading on a weaker footing this morning

Posted on February 16, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 2.87% against the USD for the period ending 21:00GMT, closing at 52.71, following an upbeat 4Q GDP data in the Euro-zone, thereby raising the demand prospects of the commodity. In the … Continue reading →

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

Posted on February 16, 2015 by GCI Financial

Silver Movement On Friday, Silver prices rose 2.67% to USD 17.29 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.315, with the silver trading 0.14% … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on February 16, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 0.47% against the USD in the period ending 21:00GMT, at 1228.60 per ounce, after the US Michigan consumer confidence index unexpectedly fell in February, from an 11-year high recorded in prior … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on February 13, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 4.04% against the USD for the 24 hour period ending 23:00GMT, closing at 51.24, amid a broad weakening in the US Dollar. Oil prices were also supported, after Russia and Ukraine agreed to … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on February 13, 2015 by GCI Financial

Silver Movement Silver prices rose 0.36% to USD 16.84 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 16.955, with the silver trading 0.68% higher … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on February 13, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1222.90 per ounce, as the greenback weakened, after advance retail sales in the US dropped more than anticipated in January and … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on February 12, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.94% against the USD for the 24 hour period ending 23:00GMT, closing at 49.25, after the Energy Information Administration (EIA) data showed that US crude oil inventories rose by 4.9 million barrels to … Continue reading →

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Silver: White metal extends its losses this morning

Posted on February 12, 2015 by GCI Financial

Silver Movement Silver prices declined 0.83% to USD 16.78 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 0.83% lower … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on February 12, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.30% against the USD in the 24 hour period ending 23:00GMT, at 1218.30 per ounce, amid a broad strength in the greenback, offsetting the impact of concerns over Greece’s exit from the Euro-zone. … Continue reading →

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Crude Oil: Oil trading lower ahead of the EIA’s oil inventory data

Posted on February 11, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.19% against the USD for the 24 hour period ending 23:00GMT, closing at 50.74, after the International Energy Agency (IEA) warned that global supplies would continue to rise. The agency also predicted that … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on February 11, 2015 by GCI Financial

Silver Movement Silver prices declined 0.38% to USD 16.92 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 16.99, with the silver trading 0.41% higher … Continue reading →

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