Silver: White metal trading lower this morning

Posted on June 2, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 1.21% to USD 18.81 per ounce during the period ending 21:00GMT, hurt a decline in gold prices and amid soft demand for industrial metals. In the Asian session, at GMT0300, Silver is trading … Continue reading →

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Gold: Precious metal extends its Friday’s losses in the Asian session

Posted on June 2, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.38% against the USD in the period ending 21:00GMT, at 1250.50 per ounce, as a record-high surge in the US S&P 500 Index weighed on the demand prospect of the yellow … Continue reading →

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

Posted on May 30, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.48% against the USD for the 24 hour period ending 23:00GMT, closing at 103.50, benefited from a sharp fall in the US weekly gasoline inventories. Oil prices also fetched some support from reports … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on May 30, 2014 by GCI Financial

Silver Movement Silver prices declined marginally to USD 19.04 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.01, 0.13% lower from yesterday’s close. Silver is … Continue reading →

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Gold: Precious metal regains some of its lost ground in the Asian session

Posted on May 30, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1255.30 per ounce, following an upbeat weekly jobless claims data from the US economy. However, the yellow metal pared some of … Continue reading →

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Crude Oil: Crude trading lower ahead of the US EIA oil inventory data

Posted on May 29, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices shed 1.04% against the USD for the 24 hour period ending 23:00GMT, closing at 103.01, hurt by a stronger US Dollar. Crude prices also came under pressure after the American Petroleum Institute (API) reported … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on May 29, 2014 by GCI Financial

Silver Movement Silver prices declined 0.13% to USD 19.04 per ounce during the 24 hours ending 23:00GMT, amid easing concerns over Ukraine crisis. In the Asian session, at GMT0300, Silver is trading at 19.03, 0.08% lower from yesterday’s close. Silver … Continue reading →

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Gold: Precious metal trading lower amid soft demand for safe-haven assets

Posted on May 29, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1258.90 per ounce, extending its previous day’s losses amid mounting speculation that the newly elected Ukraine-President, Petro Poroshenko, would strive towards … Continue reading →

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Crude Oil: Crude trading higher amid ongoing geo-political tensions in Ukraine

Posted on May 28, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.14% against the USD for the 24 hour period ending 23:00GMT, closing at 104.09, on profit-taking. However, escalating violence in Ukraine and lingering concerns on Libya’s supply outlook, kept the commodity’s losses in … Continue reading →

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Silver: Silver rebounds from yesterday’s fall

Posted on May 28, 2014 by GCI Financial

Silver Movement Silver prices declined 1.90% to USD 19.07 per ounce during the 24 hours ending 23:00GMT, tracking heavy losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.11, 0.24% higher from yesterday’s close. Silver … Continue reading →

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Gold: Gold trading below its MA’s

Posted on May 28, 2014 by GCI Financial

Gold Movement Gold prices plunged 2.17% against the USD in the 24 hour period ending 23:00GMT, at 1264.10 per ounce, as a rally in the US equity markets and the latest batch of upbeat US economic releases increased investors’ risk-taking … Continue reading →

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