Silver: White metal continues to trade lower this morning

Posted on June 17, 2014 by GCI Financial

Silver Movement Silver prices declined 0.25% to USD 19.68 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. Yesterday, reports from Indian showed that the Indian Government hiked tariff on imports of gold and silver to … Continue reading →

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Gold: Yellow metal extends its losses amid profit-taking

Posted on June 17, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1272.70 per ounce, amid profit taking. Adding to the negative sentiment, Indian Government decided to hike import tariff on gold and … Continue reading →

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Crude Oil: Crude trading higher on escalating tensions over Iraq’s supply-outlook

Posted on June 16, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.14% against the USD for the period ending 21:00GMT, closing at 106.80, as the International Energy Agency (IEA), in its monthly oil market report, downplayed concerns arising to a possible loss … Continue reading →

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Silver: White metal trading higher in the morning Asian session

Posted on June 16, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.85% to USD 19.68 per ounce during the period ending 21:00GMT, amid strong demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.77, 0.46% higher from Friday’s close. … Continue reading →

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Gold: Precious metal continues to shine amid strong demand for safe-haven assets

Posted on June 16, 2014 by GCI Financial

Gold Movement On Friday, gold prices traded higher by 0.32% against the USD in the period ending 21:00GMT, at 1277.10 per ounce, as a batch of lacklustre economic releases from the US and ongoing geopolitical tensions in Iraq bolstered the … Continue reading →

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Crude Oil: Oil extends its rally amid escalating violence in Iraq

Posted on June 13, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices rallied 2.37% against the USD for the 24 hour period ending 23:00GMT, closing at 106.95, as escalating violence in Iraq fuelled concerns on the supply-outlook of the commodity from the second-largest oil producer of … Continue reading →

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Silver: White metal continues to trade higher on strong demand for safe-haven assets

Posted on June 13, 2014 by GCI Financial

Silver Movement Silver prices rose 1.67% to USD 19.52 per ounce during the 24 hours ending 23:00GMT, as escalating tensions in Iraq fuelled demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.53, marginally higher … Continue reading →

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Gold: Yellow metal extends its upward direction in the Asian session

Posted on June 13, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.94% against the USD in the 24 hour period ending 23:00GMT, at 1273.00 per ounce, as a weakness in the US equity markets and the US Dollar bolstered the demand for gold as … Continue reading →

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Crude Oil: EIA reported a more than expected fall in the US weekly crude inventories

Posted on June 12, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.17% against the USD for the 24 hour period ending 23:00GMT, closing at 104.47, as the Energy Information Administration (EIA), in its weekly report, indicated that US crude stockpiles fell 2.6 million barrels … Continue reading →

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Silver: Silver pares its gains in the Asian session

Posted on June 12, 2014 by GCI Financial

Silver Movement Silver prices rose marginally to USD 19.20 per ounce during the 24 hours ending 23:00GMT, amid strong demand by industrial units. In the Asian session, at GMT0300, Silver is trading at 19.19, slightly lower from yesterday’s close. Silver … Continue reading →

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Gold: Precious metal trading marginally lower this morning, following yesterday’s rise

Posted on June 12, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1261.10 per ounce, as risk-appetite among traders reduced following a decline in the global equity markets and after the World Bank … Continue reading →

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