Crude Oil: Global oil supply glut continues to pressurise oil prices

Posted on December 30, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.65% against the USD for the 24 hour period ending 23:00GMT, closing at 53.63, amid speculations that crude oil stockpiles in the US would continue to remain elevated. Additionally, oil prices further came … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on December 30, 2014 by GCI Financial

Silver Movement Silver prices declined 1.71% to USD 15.83 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session at 4:00GMT, silver is trading at USD 15.83 per ounce, marginally higher, from 23:00GMT. … Continue reading →

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Gold: Yellow metal gains ground this morning

Posted on December 30, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.04% against the USD in the 24 hour period ending 23:00GMT, at 1183.50 per ounce, amid a broad strength in the greenback. Meanwhile, holdings in the SPDR Gold Trust, the largest exchange-traded product … Continue reading →

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Crude Oil: Conflicts in Libya causes oil prices to rebound this morning

Posted on December 29, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.51% against the USD for the period ending 21:00GMT, closing at 54.90, amid persistent worries about global supply glut and weak demand. Last week, the EIA reported that crude stockpiles rose … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on December 29, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 1.39% to USD 16.05 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.115, with silver trading 0.44% higher … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on December 29, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 1.34% against the USD in the period ending 21:00GMT, at 1194.60 per ounce, as demand for the yellow metal rose amid reports that China, the world’s largest consumer of gold would … Continue reading →

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Crude Oil: Conflicts in Libya causes oil prices to rebound this morning

Posted on December 29, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.51% against the USD for the period ending 21:00GMT, closing at 54.90, amid persistent worries about global supply glut and weak demand. Last week, the EIA reported that crude stockpiles rose … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on December 29, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 1.39% to USD 16.05 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.115, with silver trading 0.44% higher … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on December 29, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 1.34% against the USD in the period ending 21:00GMT, at 1194.60 per ounce, as demand for the yellow metal rose amid reports that China, the world’s largest consumer of gold would … Continue reading →

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

Posted on December 24, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.21% against the USD for the 24 hour period ending 23:00GMT, closing at 56.77, after the US economy expanded at the quickest pace in more than a decade, thus bolstered the demand outlook … Continue reading →

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Silver: White metal trading flat this morning

Posted on December 24, 2014 by GCI Financial

Silver Movement Silver prices rose 0.45% to USD 15.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.755, with the silver trading flat from yesterday’s close. The pair is … Continue reading →

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