Crude Oil: Oil trading below its MA’s

Posted on August 15, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.82% against the USD for the 24 hour period ending 23:00GMT, closing at 95.57, as data from the US as well as Europe raised oil demand concerns. In the Asian session, at GMT0300, … Continue reading →

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Silver: White metal reverses its gain in the Asian session

Posted on August 15, 2014 by GCI Financial

Silver Movement Silver prices rose 0.08% to USD 19.87 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.86, 0.08% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal continues with its losses in the Asian session

Posted on August 15, 2014 by GCI Financial

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1314.00 per ounce. However losses were capped after the US registered dismal labour market data as the US initial claims for the … Continue reading →

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Crude Oil: Oil trading lower this morning in the Asian session

Posted on August 14, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.10% against the USD for the 24 hour period ending 23:00GMT, closing at 97.34. However, a bearish US weekly inventory report, tepid retail sales numbers and fading Ukrainian kept the gains in check. … Continue reading →

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Silver: White metal trading on a lower footing this morning

Posted on August 14, 2014 by GCI Financial

Silver Movement Silver prices declined 0.43% to USD 19.86 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.85, marginally lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal reverses its gain in the Asian session

Posted on August 14, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1314.10 per ounce, as the dollar denominated commodity gained ground after the greenback fell on downbeat US retail sales data. In … Continue reading →

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Crude Oil: Oil trading lower as US crude inventories rose, reported API

Posted on August 13, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.67% against the USD for the 24 hour period ending 23:00GMT, closing at 97.24 after the American Petroleum Institute (API) reported that the US crude inventories rose by 229,000 barrels for the week … Continue reading →

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Silver: White metal trading on a higher footing this morning

Posted on August 13, 2014 by GCI Financial

Silver Movement Silver prices declined 0.37%to USD 19.94 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.97, 0.15% higher from yesterday’s close. Silver is expected to find support at 19.85, … Continue reading →

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Gold: Yellow metal reverses its gain in the Asian session

Posted on August 13, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1310.10 per ounce as geo-political issues in Eastern Europe are proving to be worse for the Euro-zone’s economic recovery. In the … Continue reading →

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Crude Oil: Oil reverses its gain in the Asian session

Posted on August 12, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.23% against the USD for the 24 hour period ending 23:00GMT, closing at 97.90, ahead of weekly crude stocks data from the American Petroleum Institute. In the Asian session, at GMT0300, Crude Oil … Continue reading →

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Silver: White metal trading on a lower footing this morning

Posted on August 12, 2014 by GCI Financial

Silver Movement Silver prices rose 0.60% to USD 20.02 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20, 0.1% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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