Gold: Yellow metal trading lower in the Asian session

Posted on December 9, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 1.36% against the USD in the 24 hour period ending 23:00GMT, at 1203.80 per ounce, amid a broad weakening in the greenback coupled with a decline in global equity markets. Yesterday, the SPDR … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on December 8, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.68% against the USD for the period ending 21:00GMT, closing at 65.67, amid rising speculations that the US oil producers would challenge the OPEC for market share. In the Asian session, … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on December 8, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.97% to USD 16.31 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.21, with the silver trading 0.58% … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on December 8, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 1.14% against the USD in the period ending 21:00GMT, at 1191.40 per ounce, after non-farm payrolls increased more than anticipated in November, denting the demand outlook of the precious yellow metal. … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on December 5, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.91% against the USD for the 24 hour period ending 23:00GMT, closing at 66.79, extending its previous session losses, amid news reports that Saudi Arabia expected prices to stabilise around $60 per barrel. … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on December 5, 2014 by GCI Financial

Silver Movement Silver prices rose 0.34% to USD 16.47 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.39, with the silver trading 0.46% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on December 5, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1205.10 per ounce, reversing its previous session gains. Separately, holdings in the SPDR Gold Trust remained unchanged at 720.02 metric tons. … Continue reading →

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Silver: White metal trading flat this morning

Posted on December 4, 2014 by GCI Financial

Silver Movement Silver prices declined 0.15% to USD 16.41 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.41, with the silver trading flat from yesterday’s close. The pair is … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on December 4, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 67.40. However, losses were capped after a weekly report from the Energy Information Administration (EIA) showed that the US crude … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on December 4, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 1.08% against the USD in the 24 hour period ending 23:00GMT, at 1209.10 per ounce, following weaker than expected ADP employment data in the US, thereby enhancing the demand outlook of the safe-haven … Continue reading →

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

Posted on December 3, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.34% against the USD for the 24 hour period ending 23:00GMT, closing at 67.61, after Iraq’s government made a deal with Kurds regarding oil exports, thus adding to oversupply concerns. Separately, the American … Continue reading →

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