Crude Oil: Oil trading below its MA’s

Posted on November 27, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.54% against the USD for the 24 hour period ending 23:00GMT, closing at 73.50, amid rising speculations that the Organization of the Petroleum Exporting Countries (OPEC’s) would not trim its production output level, … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on November 27, 2014 by GCI Financial

Silver Movement Silver prices declined 1.02% to USD 16.48 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.27, with the silver trading 1.21% lower … Continue reading →

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Gold: Yellow metal extends its losses this morning

Posted on November 27, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1196.00 per ounce, reversing its previous session gains after durable goods orders rebounded strongly in the US. Separately, the SPDR Gold … Continue reading →

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

Posted on November 26, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.33% against the USD for the 24 hour period ending 23:00GMT, closing at 73.90, after reports indicated that a meeting of four major oil producers failed to agree on production cuts, ahead of … Continue reading →

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Silver: White metal reverses its gains this morning

Posted on November 26, 2014 by GCI Financial

Silver Movement Silver prices rose 1.12% to USD 16.65 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 16.56, with the silver trading 0.48% lower … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on November 26, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1200.70 per ounce, rebounding from its previous session losses, following mixed economic data in the US. Yesterday, the SPDR gold holdings … Continue reading →

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

Posted on November 25, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.34% against the USD for the 24 hour period ending 23:00GMT, closing at 75.66, ahead of the Organization of the Petroleum Exporting Countries (OPEC’s) key meeting, scheduled on November 30 at Vienna, where … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on November 25, 2014 by GCI Financial

Silver Movement Silver prices rose 0.40% to USD 16.46 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.51, with the silver trading 0.3% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its losses this morning

Posted on November 25, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1197.20 per ounce, reversing its previous session gains. Yesterday, gold holdings of the SPDR Gold Trust, the world’s largest gold-backed exchange-traded … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on November 24, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.27% against the USD for the period ending 21:00GMT, closing at 76.41. However, losses were trimmed amid rising speculations that the Iranian Oil Minister, Bijan Namdar Zanganeh would urge the OPEC … Continue reading →

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Silver: White metal trading lower this morning

Posted on November 24, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 1.36% to USD 16.45 per ounce during the period ending 21:00GMT, tracking gains in gold prices In the Asian session, at GMT0400, the pair is trading at 16.3850, with the silver trading 0.36% … Continue reading →

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