Crude Oil: Oil trading below its MA’s

Posted on October 2, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.58% against the USD for the 24 hour period ending 23:00GMT, closing at 90.91 following dismal Eurozone macroeconomic data. Losses were capped after the Energy Information Administration (EIA) reported that the US crude … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on October 2, 2014 by GCI Financial

Silver Movement Silver prices rose 1.33% to USD 17.16 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold. In the Asian session, at GMT0300, the pair is trading at 17.28, with the silver trading 0.7% higher from … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on October 2, 2014 by GCI Financial

Gold Movement Gold prices traded higher/lower by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1213.60 per ounce, after manufacturing activity in the US expanded less than expected in September, thus prompting investors to turn to … 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 1, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.06% against the USD for the 24 hour period ending 23:00GMT, closing at 91.44. The American Petroleum Institute (API) reported a mild drop of 463,000 barrels in the US crude inventories last week. … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on October 1, 2014 by GCI Financial

Silver Movement Silver prices declined 2.98% to USD 16.94 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 16.93, with the silver trading a tad … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on October 1, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.63% against the USD in the 24 hour period ending 23:00GMT, at 1208.30 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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

Posted on September 30, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.39% against the USD for the 24 hour period ending 23:00GMT, closing at 94.33, after data revealed that the consumer spending rose more than expected in August in the US, the world’s biggest … Continue reading →

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Silver: White-metal reverses its losses this morning

Posted on September 30, 2014 by GCI Financial

Silver Movement Silver prices declined 0.63% to USD 17.46 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.54, with the silver trading 0.49% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow-metal trading higher this morning

Posted on September 30, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1215.90 per ounce, extending its previous session losses and amid continued civil unrest in China. In the Asian session, at GMT0300, … Continue reading →

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Crude Oil: Oil reverses its gains in the Asian session

Posted on September 29, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 1.02% against the USD for the period ending 21:00GMT, closing at 93.42, as cheerful economic growth data from the US raised the commodity’s demand outlook from the world’s biggest consumer of … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on September 29, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.69% to USD 17.63 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.495, with the silver trading 0.77% lower from Friday’s close. The … Continue reading →

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