Crude Oil: Oil trading below its MA’s

Posted on October 13, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.99% against the USD for the period ending 21:00GMT, closing at 85.33. On Sunday, the Kuwait oil minister Ali al-Omair stated that the Organization of Petroleum Exporting Countries would refrain from … Continue reading →

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Silver: White metal extends its gains this morning

Posted on October 13, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.12% to USD 17.38 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.505, with the silver trading 0.75% higher from Friday’s close. The … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on October 13, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.11% against the USD in the period ending 21:00GMT, at 1223.50 per ounce, amid a broad strength in the greenback. Meanwhile, holdings in SPDR Gold Trust declined 2.64 tonnes to 759.44 … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on October 10, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.79% against the USD for the 24 hour period ending 23:00GMT, closing at 84.49.Oil prices slumped below $90 per barrel, its lowest level in 27 months, amid a stronger US Dollar, global glut … Continue reading →

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Silver: White metal extends its losses this morning

Posted on October 10, 2014 by GCI Financial

Silver Movement Silver prices traded tad lower against the USD 17.36 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.275, with the silver trading 0.46% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on October 10, 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 1224.90 per ounce, extending its previous session gains triggered by the Fed’s dovish minutes of its latest monetary policy meeting. Meanwhile, … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on October 9, 2014 by GCI Financial

Silver Movement Silver prices rose 0.70% to USD 17.36 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 17.44, with the silver trading 0.46% higher … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on October 9, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.82% against the USD for the 24 hour period ending 23:00GMT, closing at 87.82, after the Energy Information Administration (EIA) showed that the US crude oil inventories rose by 5.015 million barrels to … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on October 9, 2014 by GCI Financial

Silver Movement Silver prices rose 0.70% to USD 17.36 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 17.44, with the silver trading 0.46% higher … Continue reading →

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Gold: Yellow metal continues its gains in the Asian session

Posted on October 9, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.83% against the USD in the 24 hour period ending 23:00GMT, at 1221.30 per ounce, after the Fed in its minutes of its latest monetary policy meeting remained dovish, indicating that the central … Continue reading →

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

Posted on October 8, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.99% against the USD for the 24 hour period ending 23:00GMT, closing at 88.55, after the IMF trimmed its global economic growth forecasts for the third time this year, raising demand concerns of … Continue reading →

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