Gold: Yellow metal trading higher in the Asian session

Posted on January 12, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 0.98% against the USD in the period ending 21:00GMT, at 1219.50 per ounce, rebounding from its previous session losses amid a broad weakening in the greenback and global equity markets, coupled … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on January 9, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.74% against the USD for the 24 hour period ending 23:00GMT, closing at 48.93, rebounding from its previous session losses, amid speculations that the US Shale boom was slowing down. In the Asian … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on January 9, 2015 by GCI Financial

Silver Movement Silver prices declined 1.30% to USD 16.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.385, with the silver trading 0.24% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on January 9, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1207.70 per ounce, on the back of rise in global equity markets coupled with broad strength in the greenback. Separately, the … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on January 8, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.40% against the USD for the 24 hour period ending 23:00GMT, closing at 48.57, after the Energy Information Administration (EIA) reported that the US crude oil inventories unexpectedly declined by 3.1 million barrels … Continue reading →

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Silver: White metal reverses its gains this morning

Posted on January 8, 2015 by GCI Financial

Silver Movement Silver prices rose 0.21% to USD 16.56 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.455, with the silver trading 0.63% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on January 8, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1212.20 per ounce, amid a broad strength in the greenback coupled with a rise in global equity markets. Separately, the SPDR … Continue reading →

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

Posted on January 7, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 4.35% against the USD for the 24 hour period ending 23:00GMT, closing at 47.90 as global supply glut continued to hamper oil prices along with rising speculations over the possible exit of Greece … Continue reading →

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

Posted on January 7, 2015 by GCI Financial

Silver Movement Silver prices rose 2.35% to USD 16.53 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 16.44, with the silver trading 0.48% lower … Continue reading →

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Gold: Yellow metal trading lower this morning ahead of the release of Fed’s minutes

Posted on January 7, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 1.20% against the USD in the 24 hour period ending 23:00GMT, at 1217.50 per ounce, as the demand of the safe-haven metal increased following disappointing ISM non-manufacturing composite data for December in the … Continue reading →

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

Posted on January 6, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 4.65% against the USD for the 24 hour period ending 23:00GMT, closing at 50.08, tumbled to its lowest level since April 2009 after reports indicated that oil supply from Russia and Iraq advanced … Continue reading →

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