Gold: Yellow metal extends its gains in the Asian session

Posted on December 24, 2014 by GCI Financial

Gold Movement Gold prices traded a tad higher against the USD in the 24 hour period ending 23:00GMT, at 1176.60 per ounce. Gains in the yellow metal were capped after the US 3Q GDP grew at its quickest pace since … Continue reading →

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

Posted on December 23, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.24% against the USD for the 24 hour period ending 23:00GMT, closing at 55.54, after Saudi Arabia’s Oil Minister, Ali al-Naimi stated that the OPEC would not slash its production output even if … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on December 23, 2014 by GCI Financial

Silver Movement Silver prices declined 2.46% to USD 15.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.68, with the silver trading a tad lower from yesterday’s close. The … Continue reading →

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Gold: Yellow metal trading stronger this morning

Posted on December 23, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.50% against the USD in the 24 hour period ending 23:00GMT, at 1176.50 per ounce, amid a strong rally in global equity markets. Yesterday, the SPDR Gold Trust revealed that its gold holdings … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on December 22, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 5.73% against the USD for the period ending 21:00GMT, closing at 58.28, following comments from the Saudi Arabian Oil Minister, Ali Al-Naimi that decline in crude oil prices was temporary. He … Continue reading →

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Silver: White metal trading lower this morning

Posted on December 22, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 1.07% to USD 16.07 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.03, with the silver trading 0.19% lower from Friday’s close. The … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on December 22, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.18% against the USD in the period ending 21:00GMT, at 1196.40 per ounce, reversing its previous session gains, on the back of a broad strength in the greenback. In the Asian … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on December 19, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.76% against the USD for the 24 hour period ending 23:00GMT, closing at 55.12, amid demand growth concerns. In the Asian session, at GMT0400, the pair is trading at 54.44, with the oil … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on December 19, 2014 by GCI Financial

Silver Movement Silver prices rose 0.95% to USD 15.90 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.89, with the silver trading marginally lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on December 19, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.77% against the USD in the 24 hour period ending 23:00GMT, at 1198.50 per ounce, rebounding from its previous session losses. However, gold pared its gains after data from the US showed weekly … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on December 18, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 56.11, after the Energy Information Administration (EIA) reported that the US crude oil inventories fell by 847,000 barrels in the … Continue reading →

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