Gold: Yellow metal trading tad higher, following yesterday’s fall

Posted on April 1, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.89% against the USD in the 24 hour period ending 23:00GMT, at 1284.54 per ounce, hurt by a decline in the holdings in the largest exchange-traded product, SPDR Gold Trust, which witnessed a … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude pares its gains in the Asian session

Posted on March 31, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.31% against the USD for the period ending 21:00GMT, closing at 101.67 as an upbeat rise in the US consumer spending for February bolstered the demand-outlook of the commodity in the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its direction in the Asian trading hours

Posted on March 31, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.43% to USD 19.83 per ounce during the period ending 21:00GMT, mirroring gains in the prices of industrial metals. In the Asian session, at GMT0300, Silver is trading at 19.81, 0.11% lower from … Continue reading →

Posted in Silver | Comments Off

Gold: Precious metal converging with its MA’s

Posted on March 31, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.16 % against the USD in the period ending 21:00GMT, at 1295.27 per ounce. In the Asian session, at GMT0300, Gold is trading at 1296.30, 0.08% higher from Friday’s close. Gold … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude continues to trade higher in the morning trading session

Posted on March 28, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 101.37, as a strong US GDP data bolstered the demand outlook of the commodity in the nation. Meanwhile lingering concerns … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal regains some lost ground in the morning session

Posted on March 28, 2014 by GCI Financial

Silver Movement Silver prices declined 0.52% to USD 19.75 per ounce during the 24 hours ending 23:00GMT, amid broad gains in the US Dollar. Silver prices also came under pressure after a leading broker slashed its average price forecast on … Continue reading →

Posted in Silver | Comments Off

Gold: Precious metal trading higher, following yesterday’s fall

Posted on March 28, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.02% against the USD in the 24 hour period ending 23:00GMT, at 1293.19 per ounce, as the US Dollar advanced following the latest batch of strong economic releases from the US. Separately, one … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude continues to trade higher in the Asian session

Posted on March 27, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.90% against the USD for the 24 hour period ending 23:00GMT, closing at 100.16, after data showed that inventories at Cushing, Oklahoma, decreased for an eighth week, last week. Crude prices also found … Continue reading →

Posted in Crude Oil | Comments Off

Silver: Silver trading below its MA’s

Posted on March 27, 2014 by GCI Financial

Silver Movement Silver prices declined 0.56% to USD 19.85 per ounce during the 24 hours ending 23:00GMT, mirroring a fall in the prices of industrial metals. In the Asian session, at GMT0400, Silver is trading at 19.77, 0.44% lower from … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its weakness in the Asian trading hours

Posted on March 27, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1306.48 per ounce, hurt by a stronger US Dollar. Late yesterday, one of the leading broking houses raised its 2014 price … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude trading higher ahead of the EIA weekly report

Posted on March 26, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 99.28, after the American Petroleum Institute reported that US crude stockpiles rose 6.3 million barrels last week, as compared to … Continue reading →

Posted in Crude Oil | Comments Off