Gold: Yellow-metal reverses its gains in the Asian session

Posted on November 24, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.64% against the USD in the period ending 21:00GMT, at 1200.60 per ounce, after the PBoC in an unexpected move slashed its interest rates to boost the nation’s economic growth. In … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on November 21, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.12% against the USD for the 24 hour period ending 23:00GMT, closing at 76.62, amid speculations that the Organization of the Petroleum Exporting Countries (OPEC) would take action at its November 27 meeting … Continue reading →

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Silver: White-metal trading flat this morning

Posted on November 21, 2014 by GCI Financial

Silver Movement Silver prices rose 0.65% to USD 16.23 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 16.22, with the silver trading flat from … Continue reading →

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Gold: Yellow-metal trading higher in the Asian session

Posted on November 21, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.94% against the USD in the 24 hour period ending 23:00GMT, at 1193.00 per ounce, after downbeat weekly initial jobless claims and manufacturing PMI in the US, thus enhancing the demand outlook for … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on November 20, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices traded a tad higher against the USD for the 24 hour period ending 23:00GMT, closing at 74.30. Separately, the Energy Information Administration (EIA) showed that the US crude stockpiles unexpectedly gained by 2.6 million … Continue reading →

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Silver: White metal extends its losses this morning

Posted on November 20, 2014 by GCI Financial

Silver Movement Silver prices declined 0.19% to USD 16.12 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 15.96, with the silver trading 0.96% lower … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on November 20, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.11% against the USD in the 24 hour period ending 23:00GMT, at 1181.90 per ounce, after the recently released Fed minutes showed that the US economy has improved, thus diminishing the safe-haven appeal … Continue reading →

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

Posted on November 19, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.72% against the USD for the 24 hour period ending 23:00GMT, closing at 74.28, amid rising speculations that the Organization of Petroleum exporting Countries (OPEC’s) largest producers, Saudi Arabia and Kuwait were unwilling … Continue reading →

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Silver: White metal reverses its gains this morning

Posted on November 19, 2014 by GCI Financial

Silver Movement Silver prices rose 0.22% to USD 16.15 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 16.085, with the silver trading 0.4% lower … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on November 19, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1195.20 per ounce, as demand for the safe haven yellow metal rose following news of unrest in Eastern Europe and the … Continue reading →

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

Posted on November 18, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.64% against the USD for the 24 hour period ending 23:00GMT, closing at 75.58, after the fuel demand outlook was threatened from the Japanese economy, world’s third biggest economy as official data revealed … Continue reading →

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