Crude Oil: Oil trading between its MA’s

Posted on January 30, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.34% against the USD for the 24 hour period ending 23:00GMT, closing at 44.59, after economic data from the US showed that the first-time claims for unemployment benefits in the nation declined more … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on January 30, 2015 by GCI Financial

Silver Movement Silver prices declined 5.58% to USD 16.99 per ounce during the 24 hours ending 23:00GMT, tracking heavy losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.94, with the silver trading 0.29% … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on January 30, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.99% against the USD in the 24 hour period ending 23:00GMT, at 1259.30 per ounce, amid a broad strength in the greenback on the back of upbeat first-time claims for jobless benefits in … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on January 29, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.69% against the USD for the 24 hour period ending 23:00GMT, closing at 44.44, after the Energy Information Administration (EIA) in its weekly oil report showed that the US crude oil inventories jumped … Continue reading →

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Silver: White metal trading lower this morning

Posted on January 29, 2015 by GCI Financial

Silver Movement Silver prices declined 0.33% to USD 18.00 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.895, with the silver trading 0.56% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading on a weaker footing in the Asian session

Posted on January 29, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.70% against the USD in the 24 hour period ending 23:00GMT, at 1284.90 per ounce, on the back of the Fed’s upbeat assessment of the US economy and the nation’s labour market, thereby … Continue reading →

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

Posted on January 28, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.02% against the USD for the 24 hour period ending 23:00GMT, closing at 45.67. Gains in oil prices were kept in check, after the American Petroleum Institute (API) revealed that the US crude … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on January 28, 2015 by GCI Financial

Silver Movement Silver prices rose 0.67% to USD 18.06 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.98, with the silver trading 0.42% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on January 28, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.93% against the USD in the 24 hour period ending 23:00GMT, at 1293.90 per ounce, on the back of a weaker greenback due to an unexpected decline in the US durable goods orders. … Continue reading →

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Crude Oil: Oil trading higher ahead of the weekly crude oil data from the API

Posted on January 27, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 45.21, after the OPEC’s Secretary General, Abdalla El-Badri stated that the oil prices would go as high as $200 per … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on January 27, 2015 by GCI Financial

Silver Movement Silver prices declined 2.37% to USD 17.94 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 17.87, with the silver trading 0.36% lower … Continue reading →

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