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

Posted on September 17, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.01% against the USD for the 24 hour period ending 23:00GMT, closing at 94.69, after the Organization of the Petroleum Exporting Countries (OPEC) stated that the cartel may slash its production targets. Meanwhile, … Continue reading →

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Silver: Yellow metal extends its gains this morning

Posted on September 17, 2014 by GCI Financial

Silver Movement Silver prices rose 0.35% to USD 18.72 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 18.73, with the silver trading marginally higher … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on September 17, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1235.50 per ounce, amid subdued trading ahead of the FOMC meeting. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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

Posted on September 16, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.18% against the USD for the 24 hour period ending 23:00GMT, closing at 92.82. In the Asian session, at GMT0300, the pair is trading at 92.71, with the oil trading 0.12% lower from … Continue reading →

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Silver: White metal extends its gains in the Asian Session

Posted on September 16, 2014 by GCI Financial

Silver Movement Silver prices rose 0.38% to USD 18.66 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 18.675, with the silver trading 0.11% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading stronger this morning

Posted on September 16, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1233.40 per ounce, following downbeat industrial data from the US. Meanwhile, holdings of the SPDR Gold Trust remained unchanged at 788.40 … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on September 15, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.84% against the USD for the period ending 21:00GMT, closing at 92.24, weighed down by ample global supplies and concerns of global slowdown in demand of the commodity. Additionally, oil prices … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on September 15, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.32% to USD 18.63 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.62, with the silver trading marginally … Continue reading →

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Gold: Yellow metal reverses its losses this morning.

Posted on September 15, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.93% against the USD in the period ending 21:00GMT, at 1230.50 per ounce, following upbeat retail sales and consumer confidence data from the US rose speculations that the Fed may adopt … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on September 12, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.27% against the USD for the 24 hour period ending 23:00GMT, closing at 93.02, as geo-political tensions re-escalated following reports that the US would impose fresh sanctions on Russia. Meanwhile, the International Energy … Continue reading →

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Silver: White metal extends its losses this morning

Posted on September 12, 2014 by GCI Financial

Silver Movement Silver prices declined 1.53% to USD 18.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 18.525, with the silver trading 0.86% lower from yesterday’s close. The pair … Continue reading →

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