Gold: Yellow metal trading higher this morning

Posted on February 11, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1234.40 per ounce, amid an upward trend in the global equity markets. Meanwhile, bullion investors continued to keep a close eye … Continue reading →

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Crude Oil: The OPEC raised oil’s demand growth outlook

Posted on February 10, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 52.41. Losses in oil prices were kept in check, after the Organization of the Petroleum Exporting Countries (OPEC) raised its … Continue reading →

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

Posted on February 10, 2015 by GCI Financial

Silver Movement Silver prices rose 1.49% to USD 16.99 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.035, with the silver trading 0.29% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on February 10, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1238.80 per ounce, as growing uncertainty over Greek exit from the Euro-zone raised the safe-haven demand for the precious metal. Meanwhile, … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on February 9, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 1.70% against the USD for the period ending 21:00GMT, closing at 51.91, as encouraging US non-farm payrolls data boosted the demand expectations of the commodity, from the world’s largest consumer of … Continue reading →

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Silver: White metal trading flat this morning

Posted on February 9, 2015 by GCI Financial

Silver Movement On Friday, Silver prices declined 3.21% to USD 16.72 per ounce during the period ending 21:00GMT, tracking heavy losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.71, with the silver trading … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on February 9, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 2.44% against the USD in the period ending 21:00GMT, at 1235.80 per ounce, as non-farm payrolls in the US increased by more than anticipated in January, thus reducing the safe haven … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on February 6, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 4.53% against the USD for the 24 hour period ending 23:00GMT, closing at 51.04, following better than expected initial jobless claims data from the US and also the European Commission’s positive take on … Continue reading →

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Silver: White metal trading a tad lower in the Asian session

Posted on February 6, 2015 by GCI Financial

Silver Movement Silver prices declined 0.69% to USD 17.27 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.26, with the silver trading a tad lower from yesterday’s close. The … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on February 6, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1266.70 per ounce, after the US initial claims for jobless benefits rose less than anticipated and as a rally in global … Continue reading →

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Crude Oil: Oil trading lower this morning

Posted on February 5, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 5.90% against the USD for the 24 hour period ending 23:00GMT, closing at 48.83, after the Energy Information Administration showed that the US crude stockpiles expanded more than anticipated by 6.3 million barrels … Continue reading →

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