Gold: Yellow metal trading higher in the Asian session

Posted on October 23, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.55% against the USD in the 24 hour period ending 23:00GMT, at 1242.00 per ounce, after encouraging consumer prices data from the US raised speculations that the Fed might think about a rate … Continue reading →

Posted in Gold | Comments Off

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

Posted on October 22, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices traded a tad lower against the USD for the 24 hour period ending 23:00GMT, closing at 82.73, after the American Petroleum Institute (API) showed a 1.2 million barrel increase in the US crude oil … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains in the Asian session

Posted on October 22, 2014 by GCI Financial

Silver Movement Silver prices rose 0.57% to USD 17.51 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.49, with the silver trading 0.11% lower from yesterday’s close. The pair … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing this morning

Posted on October 22, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1248.90 per ounce, amid concerns over global economic growth. Additionally, gold prices were further supported after China, world’s second biggest economy … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading higher ahead of the weekly inventory report from the API

Posted on October 21, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.73% against the USD for the 24 hour period ending 23:00GMT, closing at 82.75, after the Organization of the Petroleum Exporting Countries (OPEC) reported that it would maintain high output levels, despite increasing … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains this morning

Posted on October 21, 2014 by GCI Financial

Silver Movement Silver prices rose 0.78% to USD 17.41 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.37, with the silver trading 0.23% lower … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the Asian session

Posted on October 21, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.85% against the USD in the 24 hour period ending 23:00GMT, at 1247.20 per ounce, amid a broad weakening in the greenback. Gold prices were further supported after the demand outlook of gold … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading higher this morning

Posted on October 20, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.20% against the USD for the period ending 21:00GMT, closing at 82.93. However, losses were capped after the US reported upbeat housing starts data and after consumer sentiment rose more than … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on October 20, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.60% to USD 17.28 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.32, with the silver trading 0.23% … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its losses in the Asian session

Posted on October 20, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.06% against the USD in the period ending 21:00GMT, at 1238.20 per ounce, as the greenback gained ground following the release of better than expected economic data from the US. In … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading above its MA’s

Posted on October 17, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.96% against the USD for the 24 hour period ending 23:00GMT, closing at 83.10, as industrial production in the US rebounded strongly in September, thereby increasing the demand outlook of the commodity from … Continue reading →

Posted in Crude Oil | Comments Off