Crude Oil: Oil reverses its losses in the Asian session

Posted on October 28, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.51% against the USD for the 24 hour period ending 23:00GMT, closing at 80.68, after the US reported weaker pending home sales data, thus increasing concerns of the demand outlook of the commodity … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on October 28, 2014 by GCI Financial

Silver Movement Silver prices declined 0.17% to USD 17.12 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.175, with the silver trading 0.32% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on October 28, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1226.20 per ounce, ahead of the Fed’s monetary policy decision meeting which begins today, with speculations rising that the Fed would … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on October 27, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.76% against the USD for the period ending 21:00GMT, closing at 81.23, after a leading broker slashed its price projections for crude, stating that supply growth from non-OPEC producers would outpace … Continue reading →

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Silver: White metal extends its losses this morning

Posted on October 27, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.09% to USD 17.18 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.15, with the silver trading 0.15% … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on October 27, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.15% against the USD in the period ending 21:00GMT, at 1230.40 per ounce, as upbeat economic data from the US lowered demand for the precious yellow metal. Meanwhile, growing speculations that … Continue reading →

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Crude Oil: Oil reverses its gains this morning

Posted on October 24, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.83% against the USD for the 24 hour period ending 23:00GMT, closing at 81.85, after reports came in that Saudi Arabia, world’s biggest oil exporter reduced its production output last month. Saudi Arabia … Continue reading →

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Silver: White metal trading flat in the Asian session

Posted on October 24, 2014 by GCI Financial

Silver Movement Silver prices traded a tad higher USD 17.20 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.195, with the silver trading flat from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal lower this morning

Posted on October 24, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1232.30 per ounce, amid a broad rise in global equity markets. Separately, holdings of the SPDR Gold Trust dropped to 749.87 … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on October 23, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.84% against the USD for the 24 hour period ending 23:00GMT, closing at 80.38, after the Energy Information Administration (EIA) in its weekly oil report showed that the US crude stockpiles increased 7.1 … Continue reading →

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Silver: White metal reverses its losses this morning

Posted on October 23, 2014 by GCI Financial

Silver Movement Silver prices declined 1.83% to USD 17.19 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.20, with the silver trading 0.09% higher … Continue reading →

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