Gold: Yellow metal trading on a weaker footing this morning

Posted on January 27, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.00% against the USD in the 24 hour period ending 23:00GMT, at 1282.00 per ounce, amid a rally in the global equity markets, thus waning the safe-haven appeal of the precious yellow metal. … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on January 26, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.89% against the USD for the period ending 21:00GMT, closing at 45.64, as concerns over slowing demand and global supply glut combined with a rally in the greenback weighed on oil … Continue reading →

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

Posted on January 26, 2015 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.14% to USD 18.31 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, the pair is trading at 18.32, with the silver trading 0.08% higher from Friday’s close. The … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on January 26, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.81% against the USD in the period ending 21:00GMT, at 1291.00 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on January 23, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.02% against the USD for the 24 hour period ending 23:00GMT, closing at 46.52, after the Energy Information Administration (EIA) revealed that the US crude inventories rose more than expected by 10.1 million … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on January 23, 2015 by GCI Financial

Silver Movement Silver prices rose 1.08% to USD 18.33 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 18.335, with the silver trading marginally higher … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on January 23, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.72% against the USD in the 24 hour period ending 23:00GMT, at 1301.50 per ounce, after the ECB in its highly awaited decision announced an expanded asset purchase program to revive economic growth … Continue reading →

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

Posted on January 22, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.97% against the USD for the 24 hour period ending 23:00GMT, closing at 47.59, after the OPEC’s Secretary General, Abdalla El-Badri, stated that oil prices would rebound rather than extending its decline to … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on January 22, 2015 by GCI Financial

Silver Movement Silver prices rose 1.45% to USD 18.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 18.145, with the silver trading 0.06% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal extends its gains this morning

Posted on January 22, 2015 by GCI Financial

Gold Movement Gold prices traded a tad higher against the USD in the 24 hour period ending 23:00GMT, at 1294.20 per ounce, amid rising speculations that the ECB would adopt a full-scale quantitative easing programme at its meeting scheduled later … Continue reading →

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

Posted on January 21, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.60% against the USD for the 24 hour period ending 23:00GMT, closing at 46.67, as China’s 4Q economy expanded at its slowest pace in 24 years, thus raising demand concerns from the world’s … Continue reading →

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