Gold: Yellow metal extends its losses in the Asian session

Posted on November 7, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1140.20 per ounce, after the US registered encouraging weekly initial jobless claims data, thus weakening the demand outlook of the precious … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on November 6, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.10% against the USD for the 24 hour period ending 23:00GMT, closing at 78.94, after the Energy Information Administration (EIA) revealed that the US crude oil inventories advanced less than expected by 0.5 … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on November 6, 2014 by GCI Financial

Silver Movement Silver prices declined 4.24% to USD 15.35 per ounce during the 24 hours ending 23:00GMT, tracking heavy losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.26, with the silver trading 0.59% … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on November 6, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 2.33% against the USD in the 24 hour period ending 23:00GMT, at 1141.80 per ounce, amid a broad strength in the US Dollar as the US reported stronger than expected ADP employment data … Continue reading →

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

Posted on November 5, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.29% against the USD for the 24 hour period ending 23:00GMT, closing at 77.32, extending its previous session losses. Meanwhile, the American Petroleum Institute (API) revealed that the US crude oil inventories dropped … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on November 5, 2014 by GCI Financial

Silver Movement Silver prices declined 0.62% to USD 16.03 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.87, with the silver trading 1% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its gains this morning

Posted on November 5, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.26% against the USD in the 24 hour period ending 23:00GMT, at 1169.00 per ounce, as a broad decline in global equity markets and dismal economic data from the US, enhanced the demand … Continue reading →

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

Posted on November 4, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.56% against the USD for the 24 hour period ending 23:00GMT, closing at 78.33. Oil prices fell below $79 a barrel for the first time since June 2012 following news that Saudi Arabia, … Continue reading →

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Silver: White metal trading lower this morning

Posted on November 4, 2014 by GCI Financial

Silver Movement Silver prices rose 0.69% to USD 16.13 per ounce during the 24 hours ending 23:00GMT, rebounding from its previous session losses. In the Asian session, at GMT0400, the pair is trading at 15.985, with the silver trading 0.9% … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on November 4, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1166.00 per ounce, as the greenback strengthened on upbeat ISM manufacturing data registered by the US. In the Asian session, at … Continue reading →

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Crude Oil: Oil trading lower as China’s official manufacturing PMI hit a 5-month low

Posted on November 3, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.26% against the USD for the period ending 21:00GMT, closing at 80.75. In the Asian session, at GMT0400, the pair is trading at 80.35, with the oil trading 0.5% lower from … Continue reading →

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