Gold: Yellow metal trading on a weaker footing this morning

Posted on September 12, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.70% against the USD in the 24 hour period ending 23:00GMT, at 1242.00 per ounce, amid broad gains in the greenback. Meanwhile, gold prices were not boosted even though the US President Barack … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading below its MA’s

Posted on September 11, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.20% against the USD for the 24 hour period ending 23:00GMT, closing at 91.85, after the Energy Information Administration (EIA) reported that the US crude oil inventories fell lesser than expected by 1.0 … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on September 11, 2014 by GCI Financial

Silver Movement Silver prices declined 0.39% to USD 18.98 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 18.96, with the silver trading 0.08% lower … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its losses in the Asian session

Posted on September 11, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1250.70 per ounce, amid a broad strength in greenback following rising expectations that the Fed might increase its interest rates sooner … Continue reading →

Posted in Gold | Comments Off

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

Posted on September 10, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.13% against the USD for the 24 hour period ending 23:00GMT, closing at 92.97, as the Energy Information Administration (EIA) lowered its forecasts for oil prices in 2014 and 2015, on the back … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading stronger this morning

Posted on September 10, 2014 by GCI Financial

Silver Movement Silver prices traded marginally lower against USD 19.05 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 19.065, with the silver trading 0.08% higher from yesterday’s close. The … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Posted on September 10, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1255.60 per ounce, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1256.3, with … Continue reading →

Posted in Gold | Comments Off

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

Posted on September 9, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.41% against the USD for the 24 hour period ending 23:00GMT, closing at 93.09, following an unexpected decline in Chinese imports, thereby raising concerns about the demand outlook of the commodity in the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses in the Asian session

Posted on September 9, 2014 by GCI Financial

Silver Movement Silver prices declined 0.91% to USD 19.06 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 19.05, with the silver trading marginally lower … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the Asian session

Posted on September 9, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.93% against the USD in the 24 hour period ending 23:00GMT, at 1257.30 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading below its MA’s

Posted on September 8, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.14% against the USD for the period ending 21:00GMT, closing at 93.49, after the US reported downbeat non-farm employment data in August, raising concerns of the demand outlook of the commodity … Continue reading →

Posted in Crude Oil | Comments Off